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:

Hippocrates' Theory

A historical perspective on medicine that attributed health and disease to the balance of bodily fluids, introduced by the ancient Greek physician Hippocrates.

Personality Traits

Enduring characteristics or behaviors that define an individual and differentiate them from others.

Choleric

Relating to one of the four temperaments characterized by quickness to anger and bad temper.

Sanguine

describes a personality type that is cheerful, optimistic, active, and social, based on the ancient theory of humors associated with blood.