Which one of the following would cause an increase in the supply of cardboard?
A)a decrease in the demand for cardboard
B)an increase in the price of cardboard
C)an increase in taxes applied to cardboard producers
D)an improvement in the technology used to produce cardboard

Question

Quizplus · Accepted Answer

An improvement in technology used to produce cardboard would lead to an increase in the efficiency of production, resulting in a larger supply of cardboard. A decrease in demand for cardboard (A) and an increase in the price of cardboard (B) would cause a decrease in the supply of cardboard. An increase in taxes applied to cardboard producers (C) would likely increase production costs and also decrease the supply of cardboard.

Which One of the Following Would Cause an Increase in the Supply