-The Graph Illustrates the Supply of Sweaters

question 288

Multiple Choice

-The graph illustrates the supply of sweaters.Which of the following events will increase the quantity supplied of sweaters?

• A) a rise in the price of a sweater
• B) a rise in the wage rate paid to the workers who make sweaters
• C) a rise in the expected future price of a sweater
• D) an increase in the number of sellers of sweaters
• E) a decrease in the number of sweater buyers

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Definitions:

Audit Committee

In corporation law, a committee of the board that recommends and supervises the public accountant who audits the corporation’s financial records.

Executive Committee

A subgroup of an organization's board or leadership that makes key decisions between full board meetings or manages certain aspects of the organization's operations.

Corporate Profits

The surplus income of a corporation after all operating expenses, including taxes and interest on debt, have been deducted from total revenue.

Socially Responsible

Acting with consideration for the impact on society and the environment, often associated with ethical business practices.