A "Decrease in Supply" Refers to Which of the Following

question 2

Multiple Choice

A "decrease in supply" refers to which of the following?

• A)the likely result from a decrease in the price of a factor of production
• B)a downward movement along a supply curve
• C)a decrease in quantity supplied
• D)a leftward shift in the supply curve
• E)a drop in the quantity actually exchanged

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Definitions:

Recourse

In secured lending, if the asset collateralizing a loan proves not to have the value anticipated, recourse implies the borrower is still responsible for the debt. The lender is said to have recourse to the borrower.

Seasonal Working Capital

Additional working capital needed to support fluctuations in business activity due to seasonal changes in demand.

Short-Term Loans

Loans that are scheduled to be repaid in less than a year, often used for working capital or emergency financing needs.

Dividend Payments

Distributions of a portion of a company's earnings, decided by the board, to a class of its shareholders.