Which of the Following Shifts the Supply Curve for Good

question 96

Multiple Choice

Which of the following shifts the supply curve for good X leftward?

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

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Definitions:

Real Number

A value that represents a quantity along a continuous line, including both rational and irrational numbers.

Continuous Random Variables

Variables that can take on an infinite number of values within a given range, typically associated with measurements.

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