​Which of the Following Factors Would Shift the Supply Curve

question 66

Multiple Choice

​Which of the following factors would shift the supply curve for ice cream to the right?

• A)​a new cooling technology emerges
• B)the price per unit increases
• C)the number of producers in the market for ice cream increase
• D)​Both A&C

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Definitions:

Generic Alternatives

Products, especially pharmaceuticals, that are not branded and are sold under their generic names, usually at a lower cost than branded versions.

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over competing ones due to their trust and satisfaction.

Social Marketing

The application of marketing principles to a social issue to bring about attitudinal and behavioral change among the general public or a specific population segment.

Self-actualization

The actualization of one's abilities and potential, seen as an innate motivation or requirement in every person.