Which of the Following Would Not Shift the Supply Curve

question 31

Multiple Choice

Which of the following would not shift the supply curve for mp3 players?

• A)an increase in the price of mp3 players
• B)a decrease in the number of sellers of mp3 players
• C)an increase in the price of plastic,an input into the production of mp3 players
• D)an improvement in the technology used to produce mp3 players

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Definitions:

Similarity Principle

The psychological theory that people are attracted to others who are similar to themselves in various aspects.

Tend-And-Befriend Responses

A behavior exhibited under stress, especially by females, to seek out social alliances and nurture rather than engage in fight or flight.

Western Cultures

A term used to describe societies and nations characterized by values, traditions, and institutions including democracy, individual rights, and the scientific method, largely rooted in European history.

Eastern Cultures

Societal norms, practices, and traditions that are characteristic of countries and regions in Eastern parts of the world, such as Asia.