Which of the following would cause a decrease in the price of a good?
A)an increasing shift in the supply of a good and no shift in demand
B)a decreasing shift in the supply of a good and no shift in demand
C)an increasing shift in the demand for good and no shift in supply
D)an increasing shift in the demand for good and a decreasing shift in supply

Question

Quizplus · Accepted Answer

An increase in the supply of a good, with no change in demand, typically leads to a decrease in the price of that good due to the higher availability of the product.

Which of the Following Would Cause a Decrease in the Price