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:

Monogamous

Refers to a relationship system in which an individual has only one partner during their lifetime or at any one time, as opposed to polygamy.

Promiscuous

Exhibiting varied and indiscriminate sexual behavior without forming lasting bonds or commitments.

Eusocial Species

Species that exhibit an extreme level of social organization, characterized by cooperative brood care, overlapping generations within a colony of adults, and a division of labor into reproductive and non-reproductive groups.

Sterile Workers

Individuals in some species of insects, such as ants and bees, that are unable to reproduce but perform other colony functions.