An increase in quantity supplied might be caused by an increase in resource costs.

Name: An increase in quantity supplied might be caused by an increase in resource costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An increase in resource costs would lead to a decrease in quantity supplied, not an increase. An increase in quantity supplied would typically be caused by factors such as an improvement in technology or an increase in production capacity.

An Increase in Quantity Supplied Might Be Caused by an Increase