A Leftward Shift of a Product Supply Curve Might Be

question 63

Multiple Choice

A leftward shift of a product supply curve might be caused by:

• A)an improvement in the relevant technique of production.
• B)a decline in the prices of needed inputs.
• C)an increase in consumer incomes.
• D)some firms leaving the industry.

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Definitions:

Vulva

The external female genital organs, including the labia majora, labia minora, clitoris, and the openings of the urethra and vagina.

Vagina

The muscular tube leading from the external genitals to the cervix of the uterus in females, part of the female reproductive system.

Fallopian Tube

Part of the female reproductive system, a pair of tubes leading from the ovaries to the uterus, responsible for transporting eggs and the site of fertilization.

Oviduct

A tube through which eggs pass from an ovary to the uterus, present in female vertebrates; also known as a fallopian tube in humans.