Which of the Following Increases the Supply of a Good

question 8

Multiple Choice

Which of the following increases the supply of a good and shifts its supply curve rightward?

• A) a smaller number of producers
• B) a higher wage paid to workers in the industry
• C) a technological advance in how the good is produced
• D) an increase in the cost of the resources used to produce the good
• E) an increase in the price of the good

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Definitions:

Limbic System

The parts of the brain that interact to produce emotions, including the amygdala, the hypothalamus, and the hippocampus. Many other parts of the brain are also involved with emotions.

Prefrontal Cortex

The prefrontal cortex is a region in the front part of the frontal lobes of the brain, important for decision making, complex cognitive behavior, personality expression, and moderating social behavior.

Precocious Puberty

The early onset of puberty, with the development of sexual characteristics before the typical age of puberty onset.

Stress

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.