FIGURE 3-2 -Refer to Figure 3-2.The Movement Along the Supply Curve,S,from Point

question 150

Multiple Choice

FIGURE 3-2
-Refer to Figure 3-2.The movement along the supply curve,S,from point a to point c,could be caused by

• A)a decrease in the price of energy-efficient light bulbs.
• B)a decrease in the price of glass,a major input in the production of energy-efficient light bulbs.
• C)an increase in the number of suppliers of energy-efficient light bulbs.
• D)an increase in the price of energy-efficient light bulbs.
• E)a decrease in the price of ordinary light bulbs.

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Definitions:

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout, often reflecting a company's desire to reward shareholders without reducing cash on hand.

Cash Dividend

A payment made by a corporation to its shareholders, usually in the form of cash, as a distribution of profits.

Paid In Excess

Refers to the situation where an amount paid surpasses the required or expected amount, often used in the context of capital contributions over the par value of stock.

Stock Dividend

A stock dividend is a dividend payment made in the form of additional shares rather than a cash payout, often based on the proportion of shares a shareholder owns.