Which of the Following Shifts the Supply Curve for Good

question 468

Multiple Choice

Which of the following shifts the supply curve for good X leftward?

• A) a situation in which quantity demanded exceeds quantity supplied
• B) an increase in the cost of the machinery used to produce X
• C) a technological advance in the production of X
• D) a decrease in the wages of workers employed to produce X

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Definitions:

Short-Term Financing

A type of funding intended to meet immediate and temporary financial needs of a business.

Corporate Debt Securities

Financial instruments issued by corporations to borrow money from investors.

Security Sold Privately

A financial instrument, such as a stock or bond, that is sold directly to investors rather than through a public market.

Directly

Pertains to having an immediate connection or interaction without any intermediaries.