Which of the Following Will NOT Shift the Supply Curve

question 60

Multiple Choice

Which of the following will NOT shift the supply curve for pick- up trucks?

• A)A change in the price of pick- up trucks
• B)A technological advance
• C)A change in the number of firms supplying pick- up trucks
• D)An increase in the price of a resource used to produce pick- up trucks

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Definitions:

Operating And Financial Policies

Operating and financial policies are the strategies and guidelines that a company follows in its daily activities and financial decision-making processes.

Return On Excess Cash

A measure of how effectively a company is using its idle cash, beyond what is needed for its immediate operating needs, to generate returns.

Sustain Stock Price

Efforts or strategies employed by a company to maintain or increase the market value of its shares over time.

Gaining Control

The process of acquiring the ability to direct the affairs of an entity, often through ownership of a majority of its voting shares.