A Rightward Shift in the Supply Curve Indicates

question 140

Multiple Choice

A rightward shift in the supply curve indicates

• A)a decrease in the quantity supplied at each price.
• B)that an increase in income results in an increase in the quantity demanded at each price.
• C)that more is demanded at each price.
• D)an increase in the quantity supplied at each price.
• E)a shift in the demand curve also (because demand must equal supply).

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Definitions:

Cost Of Software

The total expenses involved in the acquisition, development, upgrade, and maintenance of software, including licensing fees and operational costs.

Coding Software

Tools and applications designed to create, test, and maintain computer code and programs.

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A grant from a governmental authority that provides the creator of intellectual property with ownership of it for a specified period of time, currently the life of the creator plus 70 years.

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