A decrease in production costs at any given quantity ______ supply.
A) increases
B) decreases
C) does not change
D) may increase or decrease

Name: A decrease in production costs at any given quantity ______ supply. A) increases B) decreases C) does not change D) may increase or decrease
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Question

Quizplus · Accepted Answer

A decrease in production costs would encourage producers to increase their production, which would result in more goods being available in the market. Therefore, the supply would increase.

A Decrease in Production Costs at Any Given Quantity ______