Which of the Following Would Cause a Leftward Shift of the Supply

question 107

Multiple Choice

Which of the following would cause a leftward shift of the supply curve for computers?

• A) an increase in the price of printed circuit boards used to build computers
• B) a decrease in the price of electricity
• C) an increase in incomes of consumers
• D) a decrease in the price of computers
• E) a decrease in the size of the population

---

Definitions:

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Subsidies

Financial assistance provided by governments to individuals, businesses, or other entities, aimed at promoting economic activities that are deemed beneficial for the public interest.

Moral Hazard

A situation where one party engages in risky behavior knowing that it is protected against the consequences, typically because another party bears the cost of those actions.

Car-Insurance Coverage

Protection against financial loss resulting from incidents involving a vehicle, including accidents, theft, and other damages.