10
QuizMultiple Choice

The Law of Supply and Demand

Question 10 • 2102320-Economics HONORS - Edgenuity Teacher

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

Explanation

A furniture company’s supply depends most directly on whether it can obtain the inputs needed to make furniture, such as wood, metal, and other raw materials. The availability of these resources affects how much the company can produce. The other choices describe changes in consumer demand or preferences, rather than the company’s ability to supply furniture.

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