Which of the Following Would Cause a Movement Along the Supply

question 22

Multiple Choice

Which of the following would cause a movement along the supply curve for cupcakes?

• A)an improvement in technology for commercial mixers
• B)a decrease in the price of cupcakes
• C)an increase in the price of cake flour
• D)All of the above are correct.

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Definitions:

Raise G

This term is ambiguous without context, but it could refer to increasing government spending or investment in certain contexts.

Social Security Tax

A tax paid equally by employee and employer, based on employee’s wages. Most proceeds are used to pay Social Security retirement and Medicare benefits.

Personal Income Tax

A tax levied on individuals or entities based on their income or profits.

Corporate Profits

The surplus income of corporations after all expenses have been met, indicative of corporate health.