Which of the Following Will NOT Shift the Supply Curve

question 105

Multiple Choice

Which of the following will NOT shift the supply curve for pick-up trucks?

• A) a technological advance
• B) an increase in the price of a resource used to produce pick-up trucks
• C) a change in the number of firms supplying pick-up trucks
• D) a change in the price of pick-up trucks

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Definitions:

Production

The process of creating, manufacturing, or generating goods, services, or artistic works.

Royal Artworks

Art pieces created for or associated with royalty, often reflecting the power, wealth, or ideals of a monarchy.

Thrones

Ceremonial chairs or seats of power used by monarchs, deities, or figures of high authority, symbolizing sovereignty and prestige.

Kings

Monarchs who head a kingdom, wielding supreme authority over its people and lands, often hereditary in nature.