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Author Question: Which of the following will increase the supply of a good? a. An increase in the price of another ... (Read 37 times)

Mr3Hunna

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on: Jun 30, 2018
Which of the following will increase the supply of a good?
 a. An increase in the price of another good that producers could produce.
  b. A lower price paid for resources used in the production of the good.
  c. A decrease in the number of sellers.
  d. An increase in taxes paid to the government by producers.

Question 2

An improvement in a firm's technology that improves productivity results in a(n):
 a. leftward shift of the supply curve.
  b. upward movement along the supply curve.
  c. willingness to supply a larger quantity than before at any given price.
  d. downward movement along the supply curve.


sultana.d

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


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