Which of the Following Increases the Supply of a Good

question 8

Multiple Choice

Which of the following increases the supply of a good and shifts its supply curve rightward?

• A) a smaller number of producers
• B) a higher wage paid to workers in the industry
• C) a technological advance in how the good is produced
• D) an increase in the cost of the resources used to produce the good
• E) an increase in the price of the good

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Definitions:

Legal Custody

The right and duty to make significant decisions concerning the child's upbringing, including education, health care, and religious training.

Restroom

A room containing toilets and sinks for the public, employees, or guests to use.

Checking Account

A bank account that allows the account holder to make deposits, withdrawals, and write checks against available funds.

National Guard

A reserve military force composed of state National Guard militia members or units under federally recognized active or inactive armed force service.