Which of the Following Statements Is Consistent with a Decrease

question 426

Multiple Choice

Which of the following statements is consistent with a decrease in supply?

• A) Prices of raw material inputs have increased.
• B) There has been an advance in technology.
• C) Consumers' incomes have increased.
• D) The market price has decreased.

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Definitions:

Religious Liberty

The right of individuals to practice their religion freely, without interference or restriction by the government.

Quakers

A religious group formally known as the Religious Society of Friends, known for their pacifism, simplicity in lifestyle, and strong commitment to social justice.

Divinity

The study of Christian theology, beliefs, and practices, often pursued in preparation for ministry or academic research in religion.

Slavic Peoples

Ethnic groups native to Europe and Asia, most numerously populating Eastern Europe, Russia, and parts of the Balkans, recognizable by their use of Slavic languages.