An Unexpected Discovery of a New Mineral Deposit Will Cause

question 62

Multiple Choice

An unexpected discovery of a new mineral deposit will cause the

• A)demand curve to shift outward.
• B)demand curve to shift inward.
• C)supply curve to shift outward.
• D)supply curve to shift inward.

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Definitions:

Ice Cream

A frozen dessert made from dairy products, sweeteners, and flavorings, enjoyed as a treat or snack.

Apple Pie

A traditional dessert made from apples and pastry dough, often seasoned with cinnamon, sugar, and sometimes butter, and baked until golden brown.

Output

The total amount of goods and services produced by an economy, firm, or machine over a specific period.

Sweaters

Clothing items worn on the upper part of the body, typically knitted or crocheted, designed to keep the wearer warm.