If in the Market for Oranges the Supply Has Increased

question 186

Multiple Choice

If in the market for oranges the supply has increased, then

• A)the supply curve for oranges has shifted to the right.
• B)the supply curve for oranges has shifted to the left.
• C)there has been a movement upwards along the supply curve for oranges.
• D)there has been a movement downwards along the supply curve for oranges.

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Definitions:

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Funds set aside or discounts offered to account for various factors such as potential returns, defective goods, or customer satisfaction initiatives.

Income-Sharing Ratio

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Limited Liability Company

A corporate model that integrates the flow-through taxation characteristic of partnerships and sole proprietorships with the protective limited liability found in corporations.

Business Entity

A legal organization created by individuals, stockholders, or shareholders, with the purpose of operating for profit.