A Change in the Following Factor Will Cause a Movement

question 9

Multiple Choice

A change in the following factor will cause a movement along a given supply curve.

• A) Price
• B) Technology
• C) Government subsidies
• D) B and C

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Definitions:

Unused Capacity

The portion of a company's potential production or resources that is not currently being utilized or exploited.

Supplying Division

The branch or unit of a company responsible for producing goods or providing services to other segments or divisions within the same company, often participating in internal transactions.

Transfer Price

The rate at which divisions within a company trade goods and services with each other.

Owner-Manager-Operated Business

A business enterprise directly managed by its owner or owners, typically involving hands-on operations.