An Increase in Supply Is Caused By

question 204

Multiple Choice

An increase in supply is caused by:

• A) an increase in resource prices.
• B) suppliers' expectations of higher prices in the future.
• C) an increase in the price of a good using the same resources.
• D) a decrease in the price of a good using the same resources.

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Definitions:

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A professional specializing in understanding and explaining how and why human beings change over the course of their lives.

Single-Parent Home

A household in which one parent is responsible for the care and upbringing of the children due to various reasons such as divorce, death, or single choice.

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A sense of unease, worry, or fear, often about an imminent event or something with an uncertain outcome.

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A network of glands in the body that produce hormones, which regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood, among other things.