Which of the Following Factors Does NOT Shift the Supply

question 101

Multiple Choice

Which of the following factors does NOT shift the supply of loanable funds curve?
I. change in disposable income
Ii. change in wealth
Iii. change in expected profit

• A)ii only
• B)i only
• C)i and ii
• D)iii only
• E)ii and iii

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Definitions:

Marginal Cost Curves

Graphical representations that show how the cost of producing one additional unit of a good varies as the quantity of output produced changes.

Profit Maximizers

Refers to firms or individuals who alter their production or operational levels to achieve the highest possible profit margins.

Lump Sum Subsidy

A fixed amount of money provided by the government or a body to support a business or market, which does not change with the level of output.

Per-Unit Subsidy

A financial incentive given by the government, reducing the cost of each unit of a good or service to either the producer or consumer.