Once the Supply Curve for a Product or Service Is

question 20

Multiple Choice

Once the supply curve for a product or service is drawn,it

• A)remains stable over time.
• B)can shift either rightward or leftward.
• C)is possible to move along the curve,but the curve will not shift.
• D)tends to become steeper over time.

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Definitions:

Right of Priority

An entitlement to preferential treatment or consideration over others, often in the context of legal rights or the position in an ordering system.

Organization Website

The official online presence of an organization, providing information about its services, mission, and contacts.

.org

A top-level domain typically used by nonprofits, charities, and organizations engaged in noncommercial activities.

Address

The particulars of the place where someone lives or an organization is situated, or the process of directing remarks or attention towards a particular issue or person.