General Electric (GE) Produces Wind Turbines That Generate Wind Power

question 222

Multiple Choice

General Electric (GE) produces wind turbines that generate wind power. Over the past 10 years, the advances in technology used to produce wind turbines has resulted in

• A) a movement up along the supply curve for wind-generated power.
• B) a rightward shift in the supply curve for wind-generated power.
• C) a decrease in the supply of wind-generated power.
• D) GE increasing the quantity supplied of wind turbines.

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Definitions:

Promoter

An individual or company responsible for the organization, financing, and marketing of an event or venture.

Office Space

Premises rented or leased by businesses to conduct their operations, often equipped with necessary facilities and services.

Minor Requirement

A smaller or less significant obligation or condition that must be fulfilled, often in addition to major requirements.

De Facto Corporation

A corporation defectively incorporated in good faith that exists in fact though not in law.