4) Which of the following increases the supply of a product? * (See Chapter 4, section 4.2) A) lower prices for the resources used to produce the product B) some producers going bankrupt and leaving the industry C) a higher price for the product D) an increase in the expected future price of the product E) a decrease in productivity\

The lower prices for the resources used to produce the product increases the supply of a product.

Option: A

Explanation:

If the price of any manufacturing factor like labor, raw materials, machinery reduces, the amount that manufacturers are willing (and ready) to deliver at a given price rises. Manufacturers with lower prices at a given price will often be able to create more of a commodity than those with increased costs. Hence a reduction in the prices of production would increase the supply. Likewise, the amount provided at a given price would decline if the manufacturing costs rise. Increased costs imply that manufacturers must generate less in order to be able to sell a commodity at a specified price.

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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answer; a set of mutual funds with similar risk characteristics to your mutual fund;