Which of the Following Increases the Quantity Supplied of Compact

question 311

Multiple Choice

Which of the following increases the quantity supplied of compact discs but does NOT increase the supply of compact discs?

• A) a decrease in the price of a compact disc
• B) an increase in the price of a compact disc
• C) a decrease in the number of suppliers of compact discs
• D) an increase in the price of the resources used to produce compact discs
• E) new technology that lowers the cost of producing compact discs

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Definitions:

Individual Product

A specific good or service offered for sale that is distinct in features or use from other products in the market.

More Dangerous

Describes a situation, substance, or action that poses a greater risk of harm or injury compared to others.

Manufacturing Defect

A defect in an individual product that makes the product more dangerous than other, identical products.

R. J. Reynolds Tobacco

An American tobacco company known for producing cigarettes and other tobacco products.