Which One of the Following Will Shift the Supply Curve

question 30

Multiple Choice

Which one of the following will shift the supply curve of good X leftward?

• A)a situation where the quantity of X demanded exceeds the quantity of X supplied
• B)a decrease in the cost of capital used to produce X
• C)a decrease in the wages of workers employed to produce X
• D)an increase in the cost of machinery used to produce X
• E)a technological change that increases production of X

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Definitions:

Breach Of Contract

The failure to fulfill the terms of a contract by one or more parties involved in the contract.

Performing

The act of fulfilling a command, duty, or role as required or agreed.

Commercially Impracticable

This term refers to situations where fulfilling a contractual obligation has become excessively burdensome or impossible due to unforeseen events, making performance “commercially impracticable.”

Foreseeable

The quality of being able to predict or anticipate an event as likely to happen based on available information.