multiple choice 2 points the supply of a good available in a market is likely to decrease when: d. the…

multiple choice 2 points the supply of a good available in a market is likely to decrease when: d. the number of workers able to make the product increases. a. new regulations increase the cost of making the product. b. companies believe that the products selling price will go up. c. new technology makes producing the product cheaper.

multiple choice 2 points the supply of a good available in a market is likely to decrease when: d. the number of workers able to make the product increases. a. new regulations increase the cost of making the product. b. companies believe that the products selling price will go up. c. new technology makes producing the product cheaper.

Answer

Brief Explanations:

When new regulations increase the cost of making a product, producers may find it less profitable to produce the same quantity. So, they are likely to reduce the supply. An increase in the number of workers usually increases supply. If companies expect a price - rise, they may increase production to sell more later. New technology that reduces production cost also encourages more production and increases supply.

Answer:

a. new regulations increase the cost of making the product.