Which of the following lists only the factors that would cause a decrease in the supply of an item?
A) A fall in input prices; an increase in productivity; a fall in the price of a substitute-in-production.
B) A rise in the price of a substitute-in-production; a rise in the price of a complement-in-production; an expectation that the price of the item will rise in the future.
C) A decrease in the number of sellers in the market; a fall in the price of a complement-in-production; an increase in productivity.
D) A rise in input prices; a decrease in the number of sellers in the market; a rise in the price of a substitute-in-production.
Correct Answer:
Verified
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