Answer:
The correct option is B, the profits of copper produces increase
Explanation:
Assuming copper is price inelastic, meaning the rise in price would not impact the quantity demanded significantly, the revenue of the suppliers increase and as a result the bottom-line( profits) recorded by the suppliers increase.
A price increase cannot bring about reduction in quantity supplied ads increase in price is an incentive to supply more, hence option A is wrong.
Option C is totally out of context as well as option D
The government is not the one producing the copper let alone increase the content of the copper
Answer:
I Hope this Helps :)
Explanation:
When someone puts a quote and then there name, it means that, in this example, Charles is the one who said what is in those quotes. Thoes are his own words, and nobody elses. Have A Wonderful Day!!!