Which of the Following Will NOT Cause a Shift in the Supply

question 90

Multiple Choice

Which of the following will NOT cause a shift in the supply of gasoline?

• A) An increase in the wage rate of refinery workers
• B) A decrease in the price of gasoline
• C) An improvement in oil refining technology
• D) A decrease in the price of crude oil

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Definitions:

Theology

The study of the nature of the divine, religious beliefs, and the practice of religious faiths.

Law of Three Stages

Auguste Comte's theory which proposes that society develops through three phases: the theological, the metaphysical, and the positive or scientific phase.

Theological

Pertaining to the study of the nature of God and religious belief.

Metaphysical

Pertaining to the fundamental nature of reality, exploring concepts beyond the physical and empirical.