Which of the Following Does NOT Shift the Supply Curve

question 206

Multiple Choice

Which of the following does NOT shift the supply curve?

• A) a technological advance
• B) a fall in the price of a substitute in production
• C) an increase in the price of the good
• D) a decrease in the wages of labor used in production of the good

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Definitions:

Achievement

The process or fact of accomplishing a task or attaining a goal, often characterized by effort, skill, or courage.

Moratorium

A period of delay or suspension of an activity or a law, often used to refer to a temporary halt in a specific action or decision.

Identity Status Diffusion

A phase in identity development where an individual has not yet undergone an identity crisis or explored meaningful alternatives regarding commitments to career, beliefs, and values.

Psychosexual Development

A Freudian theory that describes how personality develops through various stages of childhood centered around erogenous zones.