Which of the Following Would Shift the Production Function Upward

question 121

Multiple Choice

Which of the following would shift the production function upward?

• A) an increase in the price of oil
• B) an increase in the availability of a natural resource
• C) a decrease in the supply of labor
• D) an increase in the nominal wage rate

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Definitions:

Cash Dividends

A distribution of profits by a corporation to its shareholders in the form of cash.

Operating Activities

Transactions and other events related to the day-to-day function of a business, typically involving revenue and expense activities directly affecting cash flow.

Investments In Securities

Financial assets such as stocks, bonds, or mutual funds purchased with the intent of generating income or appreciating in value.

Operating Activities

Activities that relate to a company's primary business operations, such as selling goods or services, which are reflected in its cash flow statement.