Which of the Following Would Cause an Increase in the Supply

question 33

Multiple Choice

Which of the following would cause an increase in the supply of cheese?

• A)a decrease in the price of wine (assuming that cheese and wine are complements)
• B)an increase in the price of cheese
• C)an increase in the price of a product that producers sell instead of cheese
• D)an increase in the number of firms that produce cheese

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Definitions:

Spreadsheet

A spreadsheet is a digital tool for organizing, analyzing, and storing data in tabular form, frequently used for financial planning, calculations, and record keeping.

Cash Flows

The aggregate value of cash entering and exiting a company, particularly influencing its liquid assets.

Statement Of Cash Flows

A financial statement that summarizes the cash inflows and outflows for a company, showing how its cash levels change over time.

Cash Inflows

The total amount of money being transferred into a business, typically from operations, investments, and financing activities.