Which of the Following Cause and Effect Events Are in Order

question 111

Multiple Choice

Which of the following cause and effect events are in order for a seller?

• A) an input price falls, profit falls, the supply curve shifts left
• B) an input price falls, profit rises, the supply curve shifts right
• C) an input price rises, profit falls, the supply curve shifts right
• D) an input price rises, profit rises, the supply curve shifts left

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Definitions:

Careful Planning

The process of thoughtfully organizing tasks, resources, and timelines to achieve a specific objective or goal.

Erect

To build or construct something upright; to raise or assemble a structure.

Stiff

A description of something difficult to move or bend, often used to describe muscles or items that are not flexible.

Impression

In marketing and psychology, an impression signifies the instance when an individual interacts with or views an advertisement or any form of media, creating a mental image or judgment.