Supply

A decrease in the price of a good will

• increase supply.
• decrease supply.
• increase quantity supplied.
• decrease quantity supplied.

This part of the market determines SUPPLY

• buyers
• sellers
• consumers
• us

Which of the following would not shift the supply curve for iphones?

• an increase in the price of iphones
• a decrease in the number of sellers of iphone
• an increase in the price of plastic, an input into the production of iphones
• an improvement in the technology used to produce iphones

What is quantity of a good or service that producers sell at a market price?

• supply
• demand

A decrease in the price of a good will

• Decrease quantity supplied

• Decrease demand

• Make me unhappy

Price of Autos increase

• increase in supply

• increase in quantity supplied

• decrease in supply

• decrease in quantity supplied

How does taxes affect production or supply?

• creates more supply

• creates less supply

• creates variable supply

• does not affect the supply

Which of the following is NOT a determinant of the supply of peanut butter?

• The price of peanuts 
• The wages of peanut butter factory workers 
• The income of peanut butter consumers
• Existing peanut butter making technology

Costs of producing gasoline has increased due to rising energy costs. What happens to the market for gasoline?

• Supply for gasoline will decrease

• Supply for gasoline will increase

• Supply for gasoline will stay the same

• Doesn't everyone drive a Tesla?

A year ago, there were 12 companies that made motorized scooters. But over the past month, 5 of those companies went out of business. What probably happened to the overall supply of motorized scooters?

• The supply probably went up.

• The supply probably went down.