Consider the Supply Curve $Q ^ { s } = 40 + 2 P + 6 i$

question 103

Multiple Choice

Consider the supply curve $Q ^ { s } = 40 + 2 P + 6 i$ . If the value of i rises, the supply curve will

• A)not shift at all
• B)shift to the right
• C)shift to the left
• D)rotate so it becomes upward sloping

---

Definitions:

Balanced Reciprocity

A form of exchange where goods or services of approximately equal value are traded within a specified time frame, aiming for equilibrium in the give-and-take relationship.

Negative Reciprocity

An economic term describing exchanges where one party aims to get more than it gives, often used in the context of exploitative or competitive relationships.

Retributive Reciprocity

A principle often found in social relations where actions, good or bad, are returned with actions of a similar kind, akin to the concept of "an eye for an eye."

Reciprocity

The exchange of goods and services, of approximately equal value, between two parties.