In General, Any Ceteris Paribus Determinant of Supply That Is

question 353

Multiple Choice

In general, any ceteris paribus determinant of supply that is favorable to production will

• A) cause a movement along the supply curve.
• B) shift the supply curve to the right.
• C) shift the demand curve to the left.
• D) shift the supply curve to the left.

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Definitions:

Holy Roman Empire

A complex multi-ethnic, political entity in Europe that existed from 962 to 1806, comprising territories in present-day Germany, Austria, Switzerland, Italy, and beyond.

Treaty of Paris

A significant agreement signed in 1783 that ended the American Revolutionary War, acknowledging American independence from Britain.