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Which of the following would most likely cause a decrease in the quantity supplied? An increase in competition An increase in price A decrease in price A decrease in competition…

Which of the following would most likely cause a decrease in the quantity supplied? An increase in competition An increase in price A decrease in price A decrease in competition…
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Which of the following would most likely cause a decrease in the quantity supplied?

An increase in competition
An increase in price
A decrease in price
A decrease in competition.

asked
User Ulatekh
by
8.0k points

1 Answer

1 vote
An increase of price would be the only reasonable answer.
answered
User Ed Graham
by
7.8k points
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