Which of the Following Would Result in a Movement Along

question 81

Multiple Choice

Which of the following would result in a movement along, but not a shift of the supply curve for spinach?

• A) Great weather that produces a bumper spinach crop this year.
• B) Disastrous weather that destroys half of this year's spinach crop.
• C) A rise in the price of of spinach.
• D) An increase in wages for workers in spinach fields.

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Definitions:

Productive

Relating to or involving the creation of goods or services that satisfy human wants; the efficiency and effectiveness in producing outputs from inputs.

Constant Returns To Scale

A condition where increasing all inputs by any proportion results in output increasing by that same proportion, indicating that size does not affect productivity.

Long-Run Average Total Cost

The cost per unit of output incurred when all factors of production are variable, and scale of production can be changed.

Output

The amount of products or services produced by a company, industry, or economic system.