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.

---

Definitions:

Copayment

A fixed amount paid by a patient for healthcare services, with the remaining balance covered by their insurance plan.

Deductible

The amount a person must pay out-of-pocket before an insurance company will cover the remaining costs of a claim.

Annual Payment

A payment made once a year, often related to financial agreements such as salaries, annuities, or subscription services.

Insurance Policy

A contract between an individual or entity and an insurance company, detailing the terms for the payment of claims in the case of loss or damage.