Which of the Following Is True of an Increase in Quantity

question 151

Multiple Choice

Which of the following is true of an increase in quantity supplied of a given good?

• A)It is represented by a rightward shift in the supply curve.
• B)It could result from a technological improvement.
• C)The price of a key resource used to produce the good may have decreased.
• D)It is caused by an increase in the price of the good.
• E)The price of an alternative good has increased.

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Definitions:

Long-Term Orientation

A cultural or organizational perspective that values long-range planning, perseverance, and savings for future betterment.

Cultural Values

The core principles and ideals upon which an entire community exists, influencing its behavior, customs, and traditions.

Immediate Results

Outcomes that occur or are expected to occur directly following an action or intervention without delay.

Expatriate Employees

Workers who are living and working in a country other than their native country, typically for an international organization.