Which of the following events could cause an increase in the supply of ceiling fans?
A) The number of sellers of ceiling fans increases.
B) There is an increase in the price of air conditioners, and consumers regard air conditioners and ceiling fans as substitutes.
C) There is an increase in the price of the motor that powers ceiling fans.
D) The average temperature rises over time.
Correct Answer:
Verified
Q216: If the number of buyers in a
Q217: Table 4-3 Q218: The market supply curve Q219: The quantity supplied of a good is Q220: Figure 4-3 Q222: Bo bakes muffins that he sells at Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)shows how supply changes![]()