The Graph Illustrates the Supply of Sweaters

question 86

Multiple Choice

The graph illustrates the supply of sweaters. As the technology used to produce sweaters improves, the

• A) quantity of sweaters supplied decreases.
• B) quantity of sweaters supplied increases.
• C) supply of sweaters decreases and the demand for sweaters does not change.
• D) supply of sweaters increases AND the demand for sweaters increases.
• E) supply of sweaters increases and the demand for sweaters does not change.

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Definitions:

Mature Company

A company that has reached a stage in its life cycle where growth slows to the industry or economy's average, often characterized by a stable customer base and predictable financial returns.

Private Placements

The sale of securities to a relatively small number of selected investors as a way of raising capital, bypassing public offering processes.

Specific Amount

A clearly defined quantity or sum, often referring to money, resources, or measurements.

Short Time

A brief duration or period which is typically insufficient for significant changes or developments to occur.