Which of the following factors will lead to a decrease in the current supply of a good?
A) A fall in the current price of a good or service
B) A technological advance that decreases production costs
C) A decrease in the price of inputs to the production process
D) A belief that the price of a good or service will go up in the future
Correct Answer:
Verified
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Q122: If supply increases, then:
A)demand will increase.
B)the quantity
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