(Economics) The supply of a good available in a market is likely to increase when:
A. technology used to make the product is not widely available.
B. new regulations increase the cost of making the product.
C. few workers have the skills needed to create the product.
D. companies believe that the product's selling price will go up.

Respuesta :

Answer:

It is in fact D: Companies believe that the product's selling price will go up

Explanation:

The supply of a good available in a market is likely to increase when   "companies believe that the product's selling price will go up."

What is supply of goods?

Supply of goods refer to the amount of a given product or service that suppliers are willing to offer to consumers at a given price level at a given period.

Value of supply of goods and services means the payment that the recipient of the goods or services has to pay to the person who has provided him with the goods and services.

As price increases firms have an incentive to supply more because they get extra revenue from selling the goods. If price changes, there is a movement along the supply curve, e.g. a higher price causes a higher amount to be supplied.

Hence, option D is correct.

To learn more about supply of goods refer:

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