Question: Which of the following will decrease the supply of good X? a. There is a technological advance that affects the production of all goods. b.

Which of the following will decrease the supply of good “X”?

a. There is a technological advance that affects the production of all goods.

b. The price of good “X” falls.

c. The price of good “Y” (which consumers regard as a substitute for good “X”) decreases.

d. The wages of workers producing good “X” increase.

e. The demand for good “X” decreases.

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