Which of the Following Factors Is Most Likely to Shift

question 186

Multiple Choice

Which of the following factors is most likely to shift IBM's total cost and marginal cost curves downward?

• A) a technological advance resulting in increased productivity
• B) higher property taxes charged by the municipal government
• C) increased wages to attract additional computer operators
• D) a reduction in subsidies from the state government

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Definitions:

Valid

In logic, refers to an argument where, if the premises are true, the conclusion must also be true.

Robust

Describes something strong, healthy, or capable of withstanding tough conditions without breaking down or failing.

Dogs

Domesticated mammals known for their loyalty and companionship, belonging to the species Canis lupus familiaris.

Arguments By Elimination

A method of reasoning where all possible options are considered and systematically rejected until only one remains.