Which of the Following Choices Contains Only Factors That Cause

question 244

Multiple Choice

Which of the following choices contains only factors that cause the supply curve to shift to the right?

• A) a fall in production costs, a rise in technology, an increase in taxes on output
• B) a fall in tastes and preferences for the product, economic growth, and a rise in technology
• C) a decrease in taxes on production, a fall in subsidies on production, a rise in costs of production
• D) a rise in technology, a fall in the costs of production, a fall in taxes on output

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Definitions:

Net Operating Income

The total profit of a business after deducting operating expenses but before subtracting any interest or taxes.

Common Fixed Expenses

Expenses that do not vary with production or sales levels, shared across different segments or departments of a company.

Net Operating Income

A company's profit after subtracting all operational fixed and variable expenses but before interest and taxes are deducted.

Break-even Points

The level of sales at which total revenues equal total costs, resulting in no profit and no loss.