Which of the Following Would Shift the Supply Curve for MP3

question 32

Multiple Choice

Which of the following would shift the supply curve for MP3 players to the left?

• A)an increase in the price of an input used to produce MP3 players
• B)a decrease in consumer tastes for MP3 players
• C)an increase in the number of firms that produce MP3 players
• D)an increase in the productivity of the workers who produce MP3 players

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Definitions:

Financing Activities

Refers to the transactions and events through which a business raises funds to operate and expand, including issuing shares, taking on loans, or issuing bonds.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the balance sheet.

Bonds Payable

A financial obligation represented by a bond issued by a company, promising to pay back with interest the borrowed funds.

Accounts Payable

The amount owed by a business to its suppliers or vendors for goods and services purchased on credit.