Along a Supply Curve

question 236

Multiple Choice

Along a supply curve,

• A)supply changes as price changes.
• B)quantity supplied changes as price changes.
• C)supply changes as technology changes.
• D)quantity supplied changes as technology changes.

---

Definitions:

Internal Rate of Return Method

A capital budgeting method used to estimate the profitability of potential investments.

Payback Period

The time it takes for an investment to generate enough revenue to recover the original cost.

Annuity

An investment product offering a regular payout to a beneficiary, commonly employed to generate a steady income for those who are retired.

Net Cash Inflow

The difference between all cash receipts and all cash payments over a period of time, showing the net increase or decrease in cash.