Which development would most likely cause the supply of a product to
decrease?
A. New technology allows the product to be made more quickly.
B. Businesses expect the product to start selling at a higher price.
C. Government regulations increase the cost of making the product.
D. More workers receive the education needed to create the product.

Question

12-02-2021
Social Studies

contestada

Which development would most likely cause the supply of a product to
decrease?
A. New technology allows the product to be made more quickly.
B. Businesses expect the product to start selling at a higher price.
C. Government regulations increase the cost of making the product.
D. More workers receive the education needed to create the product.

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anthougo anthougo · Answer 1 · 2022-07-12T17:55:24+02:00

The development that would most likely cause the decreased supply of a product is C. Government regulations increase the cost of making the product.

What increases supply?

The factors that can increase the supply of a product include:

Technological improvement
Higher price and profitability
Workers' increased productivity
Low production costs
Availability of production resources.

Thus, when government intervenes to increase the production costs, there will be decreased supply.

Learn more about supply changes at https://brainly.com/question/11604540

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