Which of the Following Will Cause an Increase in Producer

question 45

Multiple Choice

Which of the following will cause an increase in producer surplus?

• A)the imposition of a binding price ceiling in the market
• B)buyers expect the price of the good to be lower next month
• C)the price of a substitute increases
• D)income increases and buyers consider the good to be inferior

---

Definitions:

Formal Groups

Organized groups within a workplace or organization created to achieve specific objectives or tasks, characterized by structured communication and clear roles.

Social Capital

The networks of relationships among people who live and work in a particular society, enabling that society to function effectively.

Social Media

Digital platforms that enable users to create and share content or participate in social networking.

Informal Group

A naturally occurring group formed by individuals within an organization based on personal relationships, interests, or social activities, not structured by the organization.