Which of the Following Results in an Increase in the Supply

question 227

Multiple Choice

Which of the following results in an increase in the supply of a good or service?

• A) a fall in the price of the good or service
• B) a smaller number of sellers producing the good or service
• C) an increase in foreign imports of the good or service
• D) higher taxes imposed upon producers of the good or service
• E) a rise in the price of the good or service

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Definitions:

Multiple Locations

The operation of a business or organization in more than one geographical area or physical site.

Web-Based HR

Human resources practices and systems delivered through the internet to manage HR activities, such as recruitment, training, and performance appraisal.

James Meredith

An American civil rights activist known for being the first African American student to attend the University of Mississippi in 1962, challenging racial segregation.

African-American Student

A student of African descent in America, often focusing on their educational experiences, challenges, and achievements within the American educational system.