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Commerce · Q1021

Economics

Graduate and Post Graduate · Commerce · question 1021

Q1021

What causes an increase in the quantity in the supplied of good Y but not in the supply of good Y?

A.
An increase in the price of Y
Answer
B.
An increase in the price of Y, a complement in the production of Y
C.
An improvement in the technology producing Y
D.
A reduction in the price of resources in producing Y

Answer: Option A

Solution

Answer: Option A
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