Which of the following will NOT lead to a decrease in supply?

Question

Quizplus · Accepted Answer

A decrease in the product price would lead to an increase in supply, as sellers would want to produce and sell more in order to take advantage of the higher demand that comes with lower prices. On the other hand, an increase in taxes (choice A) and an increase in resource costs (choice B) would raise the costs of production, leading to a decrease in supply. A decrease in the number of sellers in the market (choice C) would also reduce competition and supply.

Which of the Following Will NOT Lead to a Decrease