Which of the following increases the quantity supplied of compact ...

[Tazate]

Which of the following increases the quantity supplied of compact discs but does NOT increase the supply of compact discs?
 
  A) new technology that lowers the cost of producing compact discs
  B) a decrease in the price of a compact disc
  C) an increase in the price of a compact disc
  D) a decrease in the number of suppliers of compact discs
  E) an increase in the price of the resources used to produce compact discs

Question 2

A real flow in the circular flow diagram is
  i. a firm's payments of wages to its workers.
  ii. a household's purchase of a new car.
  iii. a farmer's use of land to grow corn.
 
  A) i, ii and iii B) ii only C) ii and iii D) i only E) i and iii

[carolinefletcherr]

Answer to Question 1

C

Answer to Question 2

C

[Tazate]

YES! Correct, THANKS for helping me on my review

[elyse44]

Thanks for the timely response, appreciate it