QuestionAugust 16, 2025

All of the following decreases supply except: price of production substitutes rises decrease in taxes number of sellers falls resource costs rise

All of the following decreases supply except: price of production substitutes rises decrease in taxes number of sellers falls resource costs rise
All of the following decreases supply except:
price of production substitutes rises
decrease in taxes
number of sellers falls
resource costs rise

Solution
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Answer

Decrease in taxes Explanation 1. Identify the effect of each factor on supply - **Price of production substitutes rises**: Producers may switch to producing substitutes, decreasing supply. - **Decrease in taxes**: Reduces costs for producers, increasing supply. - **Number of sellers falls**: Fewer sellers lead to decreased supply. - **Resource costs rise**: Increases production costs, decreasing supply.

Explanation

1. Identify the effect of each factor on supply<br /> - **Price of production substitutes rises**: Producers may switch to producing substitutes, decreasing supply.<br /> - **Decrease in taxes**: Reduces costs for producers, increasing supply.<br /> - **Number of sellers falls**: Fewer sellers lead to decreased supply.<br /> - **Resource costs rise**: Increases production costs, decreasing supply.
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