An increase in the productivity of producing jeans results in

Question

Quizplus · Accepted Answer

An increase in productivity means that the same amount of input can produce more output, which translates to the supply of jeans increasing. The increased supply can then lead to lower prices, but it does not necessarily signal lower quality as choice C suggests. Choice A is incorrect because an increase in productivity does not necessarily lead to increased demand. Choice D is only partially correct because the quantity supplied would increase along with the supply of jeans. Choice E is also incorrect because the impact on the supply of jeans can be predicted based on the increase in productivity.

An Increase in the Productivity of Producing Jeans Results in