Question

Which of the following causes an increase in the quantity supplied of good X but NOT in the supply of good X?
A) an increase in the price of X
B) an increase in the price of good Y, a complement in the production of X
C) an improvement in the technology for producing X
D) a reduction in the price of resources used to produce X​

Answer 1

Answer of the given question

Explanation:

• If price of goods or product gets decrease, the demand of the goods goes up.

• The quantity supply of good increases, if price of goods or product increase does not affect it. Even reduction in price of resources does not necessarily cause the increase the quantity of good.

• Improvement in the technology of producing the goods increase the quantity supplied of the goods.

• The correct option is C for this given question.