A Decrease in the Quantity Supplied of a Good Is

question 131

Multiple Choice

A decrease in the quantity supplied of a good is shown by

• A)a movement down along the supply curve.
• B)a leftward shift of the supply curve.
• C)a movement up along the supply curve.
• D)a rightward shift of the supply curve.
• E)an initial rightward shift and then leftward shift of the supply curve.

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Definitions:

Additional Resources

Refers to extra assets or inputs available that can be used to enhance the production or efficiency of something.

Investment

Allocating resources, usually money, with the expectation of generating an income or profit.

Capital

Assets or money owned by an individual or organization, or funds available for specific purposes like establishing a company or investment.

Stocks

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.