Which of the following would cause prices to drop?
A) Increased taxes on business
B) Higher levels of demand by consumers
C) A demand for higher wages
D) A reduction in the money supply
E) Increased production by business

Question

Quizplus · Accepted Answer

Increased production by businesses would lead to an excess supply of goods, which would cause prices to drop due to competition among producers.

Which of the Following Would Cause Prices to Drop