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2 June, 15:38

One day a supplier supplied 300 units of a good at $20 per unit. A week later the same supplier supplied the same number of units at $10 per unit. Based on this evidence the supplier has experienced:

a

a decrease in quantity supplied.

b

an increase in supply.

c

a decrease in supply.

d

an increase in quantity supplied.

e

no change in supply or demand.

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Answers (2)
  1. 2 June, 15:44
    0
    B: An increase in supply.
  2. 2 June, 15:52
    0
    I would say B cause if you got more of something it's usually less demanded so to adjust and earn some kind of profit the price is lowered due to an increase in supply
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