Which of the Following Would Shift the Entire Supply Curve

question 57

Multiple Choice

Which of the following would shift the entire supply curve for electricity to the left?

• A) a decrease in the price per unit of electricity
• B) a decrease in the price of coal used to generate electricity
• C) new EPA regulations that force the closing of the worst polluting coal-burning power plants
• D) a decrease in the price of alternative forms of energy
• E) a technological improvement that reduces the cost of producing electricity

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Definitions:

Accounting Information System

A system of collecting, storing, and processing financial and accounting data that is used by decision makers.

Relevant

Pertains to information or factors that are directly related to the decision-making process.

Timely

Refers to something being done or occurring at a favorable or appropriate time.

Trade-Off

The concept of sacrificing one aspect or feature in order to gain another, often used in discussions of decision-making where competing objectives must be balanced.