Which of the Following Would Cause an Increase in the Supply

question 109

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 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:

Notoriously Weak

A description for something known widely and unfavorably for lacking strength, efficiency or quality.

Logical Perspective

An approach or point of view that is based on clear, reasoned thinking and evidence.

Assert Comparisons

Making statements that establish similarities or differences between two or more items.

Comparative Reasoning

A type of reasoning that involves comparing different cases or examples to draw conclusions.