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Which determinant MIGHT increase supply in the market?
A) an increase in the price of complementary goods
B) an increase in the number of sellers of a product
C) an increase in the number if consumers in the market
D) an increase in the price of inputs to make the product

Respuesta :

B) an increase in the number of sellers of a product

Answer:

The Correct Answer is B.

Explanation:

There are various factors which help in the Increase supply in the market, these factors are such as:

  • An improvement in labor productivity which lowers unit labor costs.
  • A Downward in the world price of products and raw materials that are imported.
  • The entry of new sellers and products into the market.
  • Indirect tax on producers is reduced in the large size.
  • A government subsidy to cover some of the supply costs of firms.