Which of the Following Increases the Supply of a Good

question 133

Multiple Choice

Which of the following increases the supply of a good and shifts its supply curve rightward?

• A)a higher wage paid to workers in the industry
• B)a smaller number of producers
• C)an increase in the price of the good
• D)an increase in the cost of the resources used to produce the good
• E)a technological advance in how the good is produced

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Definitions:

Weather Faster

The process of rocks and materials breaking down or dissolving more quickly due to exposure to the atmosphere, water, and biological organisms.

Mimic Topography

A method or process in which man-made structures or formations imitate or replicate the natural topography of an area.

Joints

Natural fractures or separations in rocks, which do not involve significant displacement.

Unloaded

Refers to the removal of weight or pressure from a structure, object, or area.