Which of the Following Events Would Cause a Change in the Quantity

question 52

Multiple Choice

Which of the following events would cause a change in the quantity supplied of some agricultural commodity but would not cause a change in the supply of that same commodity?

• A)a change in factor costs
• B)a technological change
• C)a change in the price of the commodity
• D)a change in the number of suppliers of the commodity
• E)a change in the price of substitute goods

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Definitions:

Situational Factors

External influences on an individual’s behavior or performance that are determined by the circumstances or environment.

Heider

Fritz Heider, an Austrian psychologist known for his work in attribution theory, focusing on how individuals infer the causes of behavior.

Basic Assumption

A fundamental belief or principle that is accepted as true without proof, often serving as the basis for further reasoning or behavior.

Attribution Theory

A psychological theory that explains how individuals infer the causes of their own and others' behavior.