A change in the supply of a good can result from a change in _____.
A) technology
B) price
C) consumers' income
D) the tastes and preferences of the consumers

Question

Quizplus · Accepted Answer

A change in technology can affect the cost of production, which in turn can affect the supply of a good. Changes in price, consumers' income, and tastes and preferences primarily affect the demand, not the supply.

A Change in the Supply of a Good Can Result