History
History, 01.08.2019 03:30, daltonrebekah3532

Which factor would most likely cause the supply of a company's product to increase?

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Mathematics, 08.07.2019 18:00, Maaarii
The law of supply states that question 3 options: the supply of a product is not affected by its price. when the supply of a product decreases, the price of the product falls. when the supply of a product increases, the price of the product rises. the quantity supplied of a product will increase when the price of that product increases.
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Business, 11.07.2019 06:30, zaleemawhite
If there is an advancement in the technology used to produce a product, what is the likely effect it may have on the supply? options: the company would not change its manufacturing. more people would be needed to produce the product. it would decrease the supply. it would increase the supply.
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Social Studies, 27.07.2019 20:30, tommyaberman
Why would it benefit a company to restrict its supply of a product to consumers when consumer demand for the product is high? it will reduce the cost of production. it will increase the cost of production. it will increase the price of the product. it will not affect the price of the product.
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Business, 19.09.2019 02:30, stef76
Which of the following accurately describes the concern for marketers with respect to lowering prices for an inelastic product? a) the percentage increase in the total revenue of the company due to the lowered price may result in a higher level of competition in the market.b) the percentage increase in the quantity demanded for the product is much greater than the percentage decrease in the price of the product.c) although this may result in an increase in the total revenue for the company, lowering price of an inelastic product can be illegal.d) although this may result in an increase in the number of units sold, the total revenue of the company may eventually fall.e) although this may result in an increase in the demand for the product, the company may not be able to keep up supply for the product
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