all of the following will decrease the supply of bus trips except\na. an increase in the salaries of…
all of the following will decrease the supply of bus trips except\na. an increase in the salaries of drivers.\nb. a technological change that makes buses safer and more fuel - efficient.\nc. a rise in the price of diesel fuel.\nd. a reduction in the number of bus companies offering service.
Answer
Brief Explanations:
An increase in driver salaries (A) raises costs and reduces supply. A rise in diesel - fuel price (C) increases costs and decreases supply. A reduction in the number of bus companies (D) directly reduces the quantity supplied. However, a technological change that makes buses safer and more fuel - efficient (B) typically increases supply by reducing costs or improving productivity.
Answer:
B. a technological change that makes buses safer and more fuel - efficient