Which of the Following Will NOT Shift the Supply Curve

question 202

Multiple Choice

Which of the following will NOT shift the supply curve for pick- up trucks?

• A) a change in the number of suppliers of pick- up trucks.
• B) a change in production technology.
• C) a change in the price of pick- up trucks.
• D) an increase in the price of a resource used to produce pick- up trucks.

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Definitions:

Confidence Interval

An array of numerical indicators, gleaned from sample statistics, anticipated to harbor the value of an unknown population attribute.

Sample Size

The number of observations or replicates included in a statistical sample, crucial for the validity and accuracy of an experiment.

Degrees of Freedom

The number of independent values or quantities that can vary in the analysis without violating any constraints.

Confidence Interval

A collection of values, resulting from statistical sampling, that is expected to house the value of a non-identified population parameter.