Which of the following would not cause a change in the supply of milk?

Question

Quizplus · Accepted Answer

An increase in the price of milk would not cause a change in the supply of milk, as it relates to the demand for milk rather than the supply. The other options listed could all potentially impact the supply of milk. An increase in government subsidies would incentivize dairy farmers to increase production, the discovery of growth hormones could increase milk production, and an increase in the cost of feed for cows would increase the cost of production for dairy farmers and could decrease supply.

Which of the Following Would Not Cause a Change in the Supply