All of the Following Would Result in an Increase in the Supply

question 290

Multiple Choice

All of the following would result in an increase in the supply of a good EXCEPT:

• A)a decrease in input prices.
• B)a beneficial technological change.
• C)an increase in the number of suppliers.
• D)an increase in input prices.

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Definitions:

New Markets

Expansion areas or segments a business targets to introduce its products or services, aiming for growth and diversification.

Global Operations

The planning, execution, and control of industrial operations across different countries to take advantage of global efficiencies.

Scheduling Decision

Refers to the process of planning and organizing tasks and workloads to ensure efficient use of resources and time.

Goods-Producing

Refers to industries or sectors of the economy that directly manufacture or produce tangible products, as opposed to providing services.