Which of the Following Could Cause the Supply Curve for the Market

question 50

Multiple Choice

Which of the following could cause the supply curve for the market for oranges to shift to the left?

• A) an increase in the income of consumers of oranges
• B) a decrease in the cost of workers
• C) an increase in the price of orange juice
• D) a new study saying that eating oranges will give one heart disease
• E) a severe hurricane in Florida

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Definitions:

Individual Experience

The unique and subjective lived experiences and perceptions of a person, shaped by their interactions, environment, and personal history.

Rationality

The quality of being based on or in accordance with reason or logic; the ability to make sensible, logical decisions.

Max Weber

A German sociologist, philosopher, and political economist, whose ideas profoundly influenced social theory and social research.

Positivist Critique

A critical perspective based on the belief that information derived from logical and mathematical treatments and reports of sensory experience is the exclusive source of all authoritative knowledge.