If in the Market for Bananas the Supply Curve Has

question 130

Multiple Choice

If in the market for bananas the supply curve has shifted to the right,then

• A)the supply of bananas increased.
• B)the quantity of bananas supplied has increased.
• C)the supply of bananas has decreases.
• D)the quantity of bananas supplied has decreased.

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Definitions:

Accounts Receivable

Unsettled payments from clients to a company for goods or services that have been offered but not yet paid for.

Average Collection Period (ACP)

The average amount of time it takes for a business to receive payments owed by its customers.

Revenue Forecast

An estimate of the amount of money a company expects to earn over a specific period in the future.

Sustainable Growth Rate

The maximum rate at which a company can grow without needing to increase financial leverage.