Solved

Which of the Following Factors Will NOT Affect the Supply

Question 72

Multiple Choice

Which of the following factors will NOT affect the supply of shoes?


A) higher prices for leather
B) an increase in consumer income
C) higher wages for shoe factory workers
D) a technological improvement that reduces waste of leather and other raw materials in shoe production

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q67: Why are economists more interested in relative

Q68: When a demand schedule is drawn in

Q69: What would happen to demand if consumers

Q70: If a product's price increases, what happens

Q71: Farm land can be used to produce

Q73: FIGURE 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 3-5

Q74: Whenever the price of Good A decreases,

Q75: Technological advances in recycling make it possible

Q76: FIGURE 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 3-5

Q77: Increasing opportunity costs is one explanation for