A Rightward Shift in the Supply Curve Indicates

question 23

Multiple Choice

A rightward shift in the supply curve indicates

• A)a decrease in the quantity supplied at each price.
• B)that more is demanded at each price.
• C)that an increase in income results in an increase in the quantity demanded at each price.
• D)an increase in the quantity supplied at each price.
• E)a shift in the demand curve also (because demand must equal supply).

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Definitions:

Oleic Acid

A monounsaturated fatty acid often found in various plants and animals, important for human health and used in cooking oils.

Ozone

A molecule composed of three oxygen atoms (O3), known for its role in absorbing ultraviolet radiation in the Earth's stratosphere.

Dimethyl Sulfide

A volatile organic compound with the formula (CH3)2S, known for its distinctive odor and produced naturally in the marine environment.

Unsaturation

Refers to the presence of double or triple bonds in a chemical compound, which decreases hydrogen atom count.