When Economists Say the Quantity Supplied of a Product Has

question 173

Multiple Choice

When economists say the quantity supplied of a product has decreased, they mean the

• A) supply curve has shifted to the left.
• B) supply curve has shifted to the right.
• C) price of the product has risen, and consequently, suppliers are producing more of it.
• D) price of the product has fallen, and consequently, suppliers are producing less of it.

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Definitions:

Urinary System

A group of organs responsible for filtering and eliminating waste products from the blood in the form of urine.

Hard Erection

A state of penile firmness sufficient for sexual intercourse, often an indicator of healthy erectile function.

Incontinent During Night

The inability to control urinary or bowel functions during nighttime, often referred to as nocturnal incontinence.

Population Pyramid

A graphical representation showing the age and sex distribution of a population, typically illustrating the population's growth or decline.