Which of the Following Leads to an Increase in the Quantity

question 110

Multiple Choice

Which of the following leads to an increase in the quantity supplied but not an increase in supply?

• A) a decrease in the costs of production
• B) an increase in the product's price
• C) an advance in the technology used to produce the good
• D) an increase in the price of another product that the suppliers can produce
• E) an increase in the number of firms producing the good or service

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Definitions:

Business Operations

All the activities involved in the day-to-day running of a business that directly relate to its producing and delivering its products or services.