Which of the Following Influences Does NOT Shift the Supply

question 397

Multiple Choice

Which of the following influences does NOT shift the supply curve?

• A) a rise in the wages paid workers who produce the good
• B) the development of new technology
• C) people deciding that they want to buy more of the product
• D) a decrease in the number of suppliers

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Definitions:

Low-Readiness

Describes a situation or condition in which individuals or groups are not adequately prepared or equipped to undertake certain tasks or responsibilities.

Leadership Model

A framework or theory that describes how leadership is exercised, including the behaviors, traits, and styles effective leaders adopt.

Leader-Member Relations

The dynamics and quality of the interaction and communication between a leader and their team members.

Fiedler's Contingency Model

A leadership theory proposing that a leader's effectiveness is contingent on the compatibility between the leader's style of leadership and the demands of the situation.