Which of the Following Shifts the Supply Curve Rightward

question 475

Multiple Choice

Which of the following shifts the supply curve rightward?

• A) an increase in the population
• B) a positive change in preferences for the good
• C) a decrease in the price of the good
• D) a decrease in the price of a factor of production used to produce the good

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Definitions:

Common Welfare

A concept referring to the overall health, happiness, and well-being of a group or society.

Humanity

The collective qualities and conditions of human beings, including kindness, compassion, and understanding towards others.

Scientific Respectability

This term indicates the degree to which a field or method is regarded with esteem and credibility by the scientific community.

Oversocialized

A descriptor for individuals who may be excessively integrated into social norms and expectations, potentially at the expense of their personal autonomy.