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The Product Is a Normal Product

Question 31

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The product is a normal product.
The product is a normal product.    -What will cause the supply of a product to decrease? A) A decrease in the price of resources. B) An increase in the number of suppliers. C) The expectation of producers that the future price will be lower. D) An improvement in the technology of producing the product. E) An increase in the price of a substitute in production.
-What will cause the supply of a product to decrease?


A) A decrease in the price of resources.
B) An increase in the number of suppliers.
C) The expectation of producers that the future price will be lower.
D) An improvement in the technology of producing the product.
E) An increase in the price of a substitute in production.

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