How Would a Decrease in the Cost of Production Affect

Multiple Choice

How would a decrease in the cost of production affect the market for new washing machines?

A) Supply would decrease, leading to an increase in price and a reduction in quantity sold.
B) Supply would decrease, leading to a reduction in price and a reduction in quantity sold.
C) Supply would increase, leading to an increase in price and an increase in quantity sold.
D) Supply would increase, leading to a reduction in price and an increase in quantity sold.