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:

Worker Commitment

The level of enthusiasm and dedication an employee has towards their job and company.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees, often used as an indicator of workplace satisfaction and stability.

Human Relations

Interpersonal interactions and relationships, emphasizing emotional, social, and professional connections among individuals.

New Millennium

The period that began in the year 2000, characterized by significant technological advancements and global interconnectedness.