Which of the following would be expected to cause an increase in the supply of fax machines?
A)An increase in the number of business firms demanding fax machines
B)An increase in the price of fax machines
C)A decrease in the cost of manufacturing fax machines
D)The expectation that the price of fax machines will increase in future

Question

Quizplus · Accepted Answer

A decrease in the cost of manufacturing fax machines would make it cheaper to produce them, leading to an increase in supply.

Which of the Following Would Be Expected to Cause an Increase