Suppose That Many Coal Mines Are Shut for Environmental Reasons

question 90

Multiple Choice

Suppose that many coal mines are shut for environmental reasons. This will cause

• A)a movement up the supply curve.
• B)a decrease in the supply of coal (a leftward shift of the supply curve).
• C)no change in the supply curve, only a change in price.
• D)an increase in the supply of coal (a rightward shift of the supply curve).
• E)a movement down the supply curve.

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Definitions:

Compliance

The act of conforming to a request or demand from others, often used in a psychological context to describe when a person changes their behavior in response to an explicit or implicit request.

Obedience

The act of following orders or directions from those in authority.

Stereotype

A commonly accepted yet simplified and rigid perception or conception of a specific kind of individual or object.

Prejudice

Preconceived opinion or bias, often negative, towards someone or something based on stereotypes rather than relevant facts.