The Supply Curve for a Good Will Shift to the Left

question 100

Multiple Choice

The supply curve for a good will shift to the left if:

• A) the price of a substitute good falls.
• B) a new technology improves the ?rm's productivity.
• C) new ?rms enter the market.
• D) the cost of inputs increases.

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Definitions:

Annual Dividend

An annual profit sharing from a corporation to its shareholders, usually in the form of a payment.

Future Value

The future financial worth of an asset or cash that equates to a designated current sum.

Cash Flows

The whole summation of cash transfers affecting a business's in and outflows, prominently affecting its quick access to funds.

Interest Rate

The charge, expressed as a proportion of the principal, required by a lender from a borrower for asset utilization.