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Which factor might cause an increase in the supply of a product?
Wiki User
∙ 14y ago
the introduction of new technology
Wiki User
∙ 14y ago
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An increase in product price will cause?
the product supply increase. The quntity deman decrease
What factor would most likely cause the supply of a company's product to increase?
a the company decieds to go into a defferent line of business
How does supplies affect the price of a product?
A higher price will cause an increase in supply, assuming that all other factors remain constant. Likewise, a decrease in price will cause a decrease of supply and an increase in demand.
Which development would most likely cause the supply of a product to decrease?
Government regulations increase the cost of making the product APEX 😁
How may high demand and limited supply of products cause inflation?
because when the demand increase the price increase to.and customers have no choice since they used to consume the same product for too long.
An increase in product price will cause?
the product supply increase. The quntity deman decrease
What factor would most likely cause the supply of a company's product to increase?
a the company decieds to go into a defferent line of business
How does supplies affect the price of a product?
A higher price will cause an increase in supply, assuming that all other factors remain constant. Likewise, a decrease in price will cause a decrease of supply and an increase in demand.
Which development would most likely cause the supply of a product to decrease?
Government regulations increase the cost of making the product APEX 😁
How may high demand and limited supply of products cause inflation?
because when the demand increase the price increase to.and customers have no choice since they used to consume the same product for too long.
Give three examples that cause supply to increase?
Three examples that cause supply to increase are overproduction, inflation and lack of demand. Lack of demand for supply can create the supply to increase eventually.
Which factor would most likely cause the supply of a company's product to decrease?
The company decides to go into a different line of business.
An increase in supply will cause?
An increase in supply will cause a decrease in demand. The value of what is being supplied would also drop.
Will an increase in supply cause an increase in consumer suplus?
yes because increase in supply will cause decrease in price so the purchasing power of consumer will increase as a result of surplus
In the product 8 X 9 X 10 X 11 X 12 which factor should be increased by 1 to cause greatest increase in product?
The 8.
How would lack of product affect supply and demand?
A lack of product (a.k.a. a shortage) would primarily cause an increase in the price of the good or service. An increased price means more supply, but it also means less demand.
Will an increase in supply without any changes in demand will cause the price to rise?
No, an increase in supply without a change in demand will cause the price to fall.
