Which of the Following Factors Is Most Likely to Shift

question 37

Multiple Choice

Which of the following factors is most likely to shift IBM's total cost and marginal cost curves downward?

• A)A technological advance resulting in increased productivity.
• B)Higher property taxes charged by the municipal government.
• C)Increased wages to attract additional computer operators.
• D)A reduction in subsidies from the state government.

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Definitions:

Sieve Tube Elements

Specialized cells in the phloem of vascular plants that facilitate the transport of sugars and nutrients.

Parenchyma

A type of plant tissue made of living cells, usually with thin cell walls and large intercellular spaces, involved in functions such as photosynthesis, storage, and secretion.

Vessel Elements

Components in the xylem of plants that transport water and nutrients vertically.

Cuticle

The protective layer found on the outer surface of leaves, stems, and other organs of plants.