Supply Curves Generally Slope Upward Because of All of the Following

question 165

Multiple Choice

Supply curves generally slope upward because of all of the following reasons except one.Which is the exception?

• A)Producers are willing to offer more of a good at higher prices.
• B)A higher price attracts resources from less-valued uses.
• C)Producers must be compensated for the rising opportunity cost of additional output.
• D)Producers have a greater incentive to sell more as the price increases.
• E)The price of a good usually must fall to induce an increase in quantity supplied.

---

Definitions:

Expectancy Effect

The influence of the researcher's or participant's expectations on the outcome of an experiment or study.

Performance-Based Personality Tests

Evaluations designed to assess personality traits through the analysis of behaviors in specific tasks or situations, rather than through self-report questionnaires.

Narcissism

A personality trait or disorder characterized by an exaggerated sense of self-importance, need for admiration, and lack of empathy for others.

I Data

Information or data that is subjective and often derived from personal judgments and opinions, typically used in the context of psychological assessments.