A decrease in supply is caused by:
A) an increase in returns from other alternative activities.
B) suppliers' expectations of lower prices in the future.
C) an advancement in the technology for producing the good.
D) a decrease in the price of a good using the same resources.
Correct Answer:
Verified
Q75: An increase in supply is caused by:
A)
Q76: All other things unchanged, a tax on
Q77: A shift of a demand curve to
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Q79: If the price of a commodity increases
Q81: Use the following to answer question(s): Demand
Q82: Use the following to answer question(s): Demand
Q83: Use the following to answer question(s): Demand
Q84: The intersection of the supply and demand
Q85: An increase in demand, all other things
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