Which of the Following Would Shift a Firm's Short-Run Cost

question 47

Multiple Choice

Which of the following would shift a firm's short-run cost curves downward?

• A) an advance in technology
• B) an increase in employees' wages
• C) an increase in the demand for the firm's product
• D) an increase in excise taxes levied on the firm's product

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Definitions:

Impulse Control

The ability to resist or delay an impulse, desire, or temptation to act.

Assertiveness

The quality of being self-assured and confident without being aggressive, in a manner that respects the rights and beliefs of others.

Empathy

The capacity to comprehend and empathize with someone else's emotions.

Stress Tolerance

The capacity to endure stress and react positively in challenging situations without becoming overwhelmed.