In General, Any Ceteris Paribus Determinant of Supply That Is

question 353

Multiple Choice

In general, any ceteris paribus determinant of supply that is favorable to production will

• A) cause a movement along the supply curve.
• B) shift the supply curve to the right.
• C) shift the demand curve to the left.
• D) shift the supply curve to the left.

---

Definitions:

Collateral Contract

A secondary agreement that enhances a primary contract or adds additional terms, and whose breach may provide grounds for legal action separate from the main contract's terms.

Mortgage

A conveyance of property to secure the performance of some obligation, the conveyance to be void on the due performance thereof.

Marriage Consideration

The legal or moral obligations and benefits exchanged between parties upon entering a marriage.

Statute of Frauds

A requirement that certain kinds of contracts be memorialized in writing and signed by the party to be charged, in order to be legally enforceable.