which of the following influences on selling plans change supply?\n\na. an increase in the number of buyers…
which of the following influences on selling plans change supply?\n\na. an increase in the number of buyers of soap changes the supply of soap.\nb. a change in the quantity of soap that consumers plan to buy this month changes the supply of soap.\nc. a change in the price of soap changes the quantity supplied of soap.\nd. a change in the wage rate of the workers who produce soap changes the quantity supplied of soap.
Answer
Brief Explanations:
In economics, the quantity supplied of a good is influenced by its price. A change in price leads to a movement along the supply - curve, changing the quantity supplied. The number of buyers and consumer plans affect demand, not supply. A change in the wage rate of workers affects production costs and the supply curve itself, not just the quantity supplied in the simple sense of price - quantity relationship.
Answer:
C. A change in the price of soap changes the quantity supplied of soap.