A Rightward Shift of a Supply Curve Is Called

question 82

Multiple Choice

A rightward shift of a supply curve is called

• A) an increase in supply.
• B) a decrease in supply.
• C) a decrease in quantity supplied.
• D) an increase in quantity supplied.

---

Definitions:

Range

In statistics, range refers to the difference between the highest and lowest values in a dataset, indicating the dataset's spread.

Arithmetic Average

The average of a set of numbers, determined by adding them together and then dividing by the total quantity of numbers in the set.

Distribution

Refers to the arrangement or spread of data points in statistics or the way a resource is spread out across an area or population in geography.

Mean

A statistical measure representing the average of a set of numbers.