Multiple Choice
Which of the following will increase the quantity supplied of compact discs but NOT increase the supply of compact discs?
A) a decrease in the price of a compact disc
B) an increase in the price of the factors of production used to produce compact discs
C) an increase in the price of a compact disc
D) a decrease in the number of suppliers of compact discs
Correct Answer:
Verified
Correct Answer:
Verified
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