Which of the Following Will Shift the Short-Run Industry Supply

question 344

Multiple Choice

Which of the following will shift the short-run industry supply curve of a perfectly competitive industry?

• A) a decrease in the price of an input
• B) an increase in consumer income
• C) an increase in the price of the product
• D) an increase in demand for the product

---

Definitions:

Serotonin

A neurotransmitter in the brain that affects mood, emotion, and sleep, playing a key role in mental health.

Dopamine

A neurotransmitter that plays a key role in the brain's reward system and is involved in regulating mood, motivation, and attention.

Schizophrenia

A psychological condition marked by disturbances in cognitive functions, sensory interpretations, affective reactions, and interpersonal relationships.

Interaction

A dynamic process involving two or more entities where actions, behaviors, or processes have an effect upon one another.