Which of the Following Will NOT Cause an Increase in the Supply

question 142

Multiple Choice

Which of the following will NOT cause an increase in the supply of good X?

• A)an improvement in the technology used to produce good X
• B)a decrease in the price of good Y, a substitute in production
• C)an increase in the price of inputs used to produce good X
• D)a decrease in the price of inputs used to produce good X

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Definitions:

Western European

Relating to or characteristic of Western Europe, including cultures, languages, and historical contexts of countries in that region.

Northern American

Referring to the geographic region that includes the United States and Canada, often considered in cultural, economic, or political analysis.

Social Psychological Research

An area of study focusing on how thought, behavior, and feelings are influenced by the implied, imagined, or actual presence of others.

Generalize

To make broad statements or conclusions based on a limited set of observations or experiences, extending findings beyond the original context.