All of the Following Will Cause the Supply Curve of Good

question 105

Multiple Choice

All of the following will cause the supply curve of good A to shift rightward EXCEPT

• A) a reduction in the prices of inputs used to produce good A.
• B) an increase in the number of firms in the industry producing good A.
• C) a decrease in the per-unit tax on good A which producers must pay.
• D) an increase in the market price of good A.

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Definitions:

Parenthood

The role and responsibilities associated with raising a child, from providing emotional support to meeting the child's physical needs.

United States

A country in North America that consists of 50 states and is characterized by a diverse population and a large economy.

First Birth

The event of giving birth for the first time, marking a major transition in the life of a parent, especially the mother.

Consummate Love

A term from Sternberg’s Triangular Theory of Love, describing a complete form of love that combines intimacy, passion, and commitment.