Which of the Following Would Shift the Supply Curve for a Good

question 13

Multiple Choice

Which of the following would shift the supply curve for a good to the left?  

• A) a decrease in the price of an alternative good 
• B) an improvement in technology for producing that good 
• C) an increase in the cost of an important resource used to make that good 
• D) an increase in the number of producers

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Definitions:

Business

An organization or enterprising entity engaged in commercial, industrial, or professional activities, aiming to generate profits.

Personal Benefit

An advantage or profit gained from a situation or action that directly affects an individual on a personal level.

Trumpet

A brass wind instrument with a flared bell and bright, penetrating tone, often used in classical and jazz music.

Writing

The act, process, or practice of recording thoughts, ideas, or information by inscribing symbols or characters on a surface.