Which One of the Following Would Cause an Increase in the Supply

question 167

Multiple Choice

Which one of the following would cause an increase in the supply of cardboard?

• A)a decrease in the demand for cardboard
• B)an increase in the price of cardboard
• C)an increase in taxes applied to cardboard producers
• D)an improvement in the technology used to produce cardboard

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Definitions:

Compounded Monthly

The practice of calculating interest on the principal and the accumulated interest each month.

Compounded Semiannually

Interest that is calculated and added to the principal balance twice a year.

Equivalent Rate

The interest rate that would produce the same compounded financial result over a specific period as a differently compounded interest rate.

Compound Annual Rate

The rate at which a sum of money would grow if it were compounded once per year.