Which One of the Following Would Cause an Increase in the Supply

question 167

Multiple Choice

Which one of the following would cause an increase in the supply of cardboard?

• A)a decrease in the demand for cardboard
• B)an increase in the price of cardboard
• C)an increase in taxes applied to cardboard producers
• D)an improvement in the technology used to produce cardboard

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Definitions:

American Lifestyles

A term encompassing the behaviors, customs, and practices commonly observed among individuals living in the United States, reflecting diverse cultural backgrounds.

Fast-Food Industry

A sector of the food service industry that specializes in food that can be prepared and served quickly.

Out-group

A social group to which an individual does not identify or belong, often viewed as distinct or oppositional to one's in-group.

In-group

denotes a social group to which a person psychologically identifies as being a member, often leading to preference and loyalty towards fellow group members.