An Increase in Supply of a Product Results When

question 122

Multiple Choice

An increase in supply of a product results when

• A) taxes on the product are increased.
• B) the companies that produce the product have higher materials costs.
• C) technological innovations are introduced in the manufacturing process.
• D) the government reduces subsidies on the product.

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Definitions:

Indirect Questions

Questions embedded within a statement or another question, often used to make inquiries less direct or more polite.

Standards

Set standards or criteria across different areas serving as a point of reference or adherence.

Grammar

The set of structural rules governing the composition of clauses, phrases, and words in any given natural language.

Antecedent

An antecedent is a thing or event that existed before or logically precedes another, often used in grammar to refer to the noun to which a pronoun refers.