Which of the Following Events Would Cause a Rightward Shift

question 127

Multiple Choice

Which of the following events would cause a rightward shift in the market supply curve for automobiles?

• A)A technological improvement that reduces the cost of production.
• B)An increase in the wages of autoworkers.
• C)A higher sales tax on automobiles.
• D)A decrease in the number of sellers.

---

Definitions:

Confidence

A statistical measure that expresses how certain one can be about the accuracy of results, typically associated with confidence intervals in inferential statistics.

T-Test

A statistical test used to compare the means of two groups to see if they are significantly different from each other.

Population Mean

The average value of a property in the population, representing a parameter that is typically unknown and estimated from a sample.

Nonnormal

Describing data or distributions that do not follow a normal (Gaussian) distribution pattern, which may affect statistical analysis and interpretations.