Which of the following would be least likely to affect the supply of automobiles?
A) increased wages for members of the Canadian Auto Workers union
B) a successful physical fitness plan encouraging Canadians to walk rather than drive to their destinations
C) higher prices for steel and other resources used in producing automobiles
D) a technological improvement reducing the production costs of automobiles

Question

Quizplus · Accepted Answer

Increased wages for union members would increase the cost of production and decrease supply, higher prices for resources would increase production costs and decrease supply, and a technological improvement would decrease production costs and increase supply. However, a physical fitness plan encouraging Canadians to walk rather than drive would have little to no impact on the supply of automobiles.

Which of the Following Would Be Least Likely to Affect