Which of the Following Would Result in an Increase in Supply

question 102

Multiple Choice

Which of the following would result in an increase in supply?

• A) A reduction in the premiums firms pay for insurance.
• B) A reduction in the quality of technology used by firms.
• C) An increase in demand.
• D) An increase in consumers' incomes.
• E) An increase in the population of consumers.

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Definitions:

Rational Emotive Therapy

A form of psychotherapy that identifies self-defeating thoughts and feelings, challenges the rationality of those feelings, and replaces them with healthier, more productive beliefs.

Cognitive Therapy

A form of psychotherapy that focuses on changing negative patterns of thought in order to alter unwanted behavior patterns and emotions.

Behavioral

This term refers to the actions or reactions of an organism, often in relation to its environment.

Group Therapy

A form of psychotherapy involving one or more therapists working with several people at the same time.