Which of the following would cause an increase in the quantity supplied in a market?
A) The price farmers receive for their crops rises.
B) The United Auto Workers negotiates a wage increase for its union members.
C) The price firms pay for insurance falls.
D) New,faster computer processors are introduced.
E) OPEC limits the production of crude oil.

Question

Quizplus · Accepted Answer

An increase in the price farmers receive for their crops would incentivize them to produce more, resulting in an increase in the quantity supplied in the market.

Which of the Following Would Cause an Increase in the Quantity