QUESTION IMAGE
Question
- which of the following would not cause the market supply of batteries to change?○ new sellers enter the battery market.○ a new technology for producing batteries becomes available.○ consumers turn away from battery operated consumer electronics.○ battery workers unionize and now get higher pay and better benefits.
Brief Explanations
- New sellers entering the market increases the number of suppliers, which increases market supply.
- A new production technology lowers production costs, allowing producers to supply more, increasing market supply.
- Consumers turning away from battery-operated electronics affects demand (reduces demand for batteries), not the supply of batteries.
- Unionized workers with higher pay raises production costs, which decreases market supply.
Only the third option does not impact the market supply of batteries.
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C. Consumers turn away from battery operated consumer electronics.