Which One of the Following Will Shift the Supply Curve

question 111

Multiple Choice

Which one of the following will shift the supply curve of good X leftward?

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

---

Definitions:

Net Incomes

The total earnings of a company after deducting all expenses, taxes, and costs from its total revenues.

Deferred Income Tax

Deferred Income Tax is a liability on a company's balance sheet that results from income already earned and recognized for accounting purposes but not yet subject to taxation.

Fair Value

The estimated market price of an asset or liability, reflecting what a willing buyer would pay to a willing seller in an arm's length transaction.