Answers 2027 Ignite Financial Literacy-Personal Finance - EL3403 The Law of Supply and DemandQuestion 10

10

QuizMultiple Choice

The Law of Supply and Demand

Question 10 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

Which factor most directly affects a furniture company's supply?

Answer

A

the growing number of furniture buyers in the market

B

the availability of raw materials and natural resources

C

a change in the price of rugs and other complementary goods

D

an increased interest in antique furniture over modern furniture

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