Which of the Following Would Cause an Increase in the Supply

question 227

Multiple Choice

Which of the following would cause an increase in the supply of peanut butter?

• A) A decrease in the price of strawberry jam (assuming that peanut butter and strawberry jam are complements).
• B) An increase in the price of peanut butter.
• C) An increase in the price of a product that producers sell instead of peanut butter.
• D) An increase in the number of firms that produce peanut butter.

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