Which of the Following Will Not Change the Cost Curves

question 173

Multiple Choice

Which of the following will not change the cost curves for good X?

• A)a change in the price good X
• B)a change in input prices necessary for the production of good X
• C)a change in taxes paid by the producers of good X
• D)a change in technology in the production of good X
• E)b and d

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Definitions:

Law

A set of regulations developed and implemented by social or government bodies to control conduct.

Courts

Institutions that have the authority to adjudicate legal disputes between parties and administer justice in civil, criminal, and administrative matters.

Law

A set of regulations developed and implemented by social or governmental bodies to control actions.

Royal Assent

The formal approval by a monarch to a bill that has passed both houses of parliament, making it law.