Which of the following would cause an increase in the supply of cheese?
A)a decrease in the price of wine (assuming that cheese and wine are complements)
B)an increase in the price of cheese
C)an increase in the price of a product that producers sell instead of cheese
D)an increase in the number of firms that produce cheese

Question

Quizplus · Accepted Answer

An increase in the number of firms that produce cheese would lead to an increase in the supply of cheese as there are now more producers.

Which of the Following Would Cause an Increase in the Supply