Which of the Following Would Be Expected to Cause an Increase

question 144

Multiple Choice

Which of the following would be expected to cause an increase in the supply of fax machines?

• A) An increase in the number of business firms demanding fax machines.
• B) An increase in the price of fax machines.
• C) A decrease in the cost of manufacturing fax machines.
• D) The expectation that the price of fax machines will fall in the future.
• E) An increase in the demand for fax machines.

---

Definitions:

Vehicle Brake System

A mechanism in a vehicle that enables it to slow down or come to a complete stop.

Variance

A statistical measurement of the dispersion between numbers in a data set, indicating how much the numbers differ from each other and from the mean.

Squared Deviation

The squared difference between each data point and the mean, used in statistical analysis to measure variance.

Arithmetic Average Return

The sum of returns in each period divided by the number of periods, often used to calculate the average return of an investment.