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Which of the Following Best Reflects an Increase in Quantity

Question 255

Multiple Choice

Which of the following best reflects an increase in quantity supplied rather than an increase in supply?


A) The price of a product soars because of vastly increased consumer demand.
B) More sellers enter the computer market.
C) The effect in the machine tool industry after the industrial unions negotiate higher wages.
D) The producer of cellular phones experiences lowers costs of production.

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