Which of the Following Statements Is Consistent with an Increase

question 183

Multiple Choice

Which of the following statements is consistent with an increase in supply?

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

---

Definitions:

Obesity Rates

The percentage of a population that is classified as obese, based on measures such as Body Mass Index (BMI).

Social Classes

Categories of people within a society who share similar socioeconomic statuses.

M&Ms

A brand of candy-coated chocolate pieces that come in various colors.

Colors

The property possessed by an object of producing different sensations on the eye as a result of the way it reflects or emits light.