Which Factor Is MOST Likely to Shift the Supply of Milk

question 133

Multiple Choice

Which factor is MOST likely to shift the supply of milk to the right?

• A)a tax on each gallon of milk produced
• B)an increase in household income,milk being a normal good
• C)a decrease in the price of feed given to dairy cows
• D)the bankruptcy of many small dairy farms

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Definitions:

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Intellectuals of the Enlightenment period who advocated for reason, science, and secularism as the paths to knowledge, freedom, and progress.

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A framework of thoughts and principles, specifically one that establishes the foundation for policies and theories in politics or economics.

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The social class that decides upon and sets the major policies, owning the majority of wealth, and holds the primary power in a society.