Question

Question 17 of 20

The supply of a good available in a market is likely to increase when:
A. technology used to make the product is not widely available.
B. few workers have the skills needed to create the product.
C. companies believe that the product's selling price will go up.
D. new regulations increase the cost of making the product.
SURMIT

Answer 1

C.

Companies believe that the product's selling price will go up.