Solved

Which One of the Following Would Cause an Increase in the Supply

Question 160

Multiple Choice

Which one of the following would cause an increase in the supply of planes?


A) a decrease in the demand for planes
B) an increase in the price of planes
C) an increase in taxes applied to plane producers
D) an improvement in the technology used to produce planes

Correct Answer:

verifed

Verified

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

Related Questions

Q155: According to the law of demand, the

Q156: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Using the above

Q157: Which of the following are substitute goods?<br>A)

Q158: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q159: When a rise in the price of

Q161: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -What situation gives

Q162: An increase in the number of consumers

Q163: A shortage exists<br>A) in equilibrium.<br>B) when quantity

Q164: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -When the current

Q165: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -The market clearing