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 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 cause an increase in the supply of cheese, as there would be more producers making cheese available in the market.

Which of the Following Would Cause an Increase in the Supply