Which of the Following Shifts the Supply Curve for Good

question 132

Multiple Choice

Which of the following shifts the supply curve for good X leftward?

• A)a situation in which the quantity demanded of X exceeds the quantity supplied of X
• B)an increase in the cost of the machinery used to produce X
• C)a technological advance in the production of X
• D)a decrease in the wages of workers employed to produce X
• E)a situation in which the quantity supplied of X exceeds the quantity demanded of X

---

Definitions:

Defect

A flaw or imperfection in a product or system that hinders its intended functionality or quality.

Guaranteed Period

A timeframe during which certain conditions of a contract, such as warranty or returns, are assured to be honored.

Marketing Actions

Strategic steps taken by businesses to promote and sell their products or services, including advertising, promotions, and product development.

Customer Satisfaction

The measure of how products or services supplied by a company meet or surpass customer expectation.