Which of the Following Would Not Cause a Shift in the Supply

question 93

Multiple Choice

Which of the following would not cause a shift in the supply curve for a good?

• A) An increase in demand for that good.
• B) An increase in the cost of labor used to produce that good.
• C) A change in the cost of raw materials used to produce that good.
• D) A decrease in the cost of machinery used to produce that good.

Analyze the factors that determine the short-run aggregate supply curve.

Understand the effects of changes in the price level on real wages and employment.

Define and differentiate between nominal and real wages.

Understand the impact of disparities between expected and actual price levels on the economy.

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Definitions:

Immigrant Laborers

Workers who have migrated from one country to another for employment, often in sectors facing labor shortages.

Native-Born Counterparts

Individuals born in a specific country, in contrast to those who have immigrated, often used in discussions of employment, education, and social integration.

Language Barriers

Communication obstacles experienced by people who do not share a common language.

Newcomers

Individuals or groups who have recently arrived in a place and are adapting to a new environment or community.