Which of the Following Would Shift the Supply Curve for MP3

question 79

Multiple Choice

Which of the following would shift the supply curve for MP3 players to the right?

• A)An increase in the price of a substitute in production
• B)An increase in consumer income (assuming that all MP3 players are normal goods)
• C)A decrease in the number of firms that produce MP3 players
• D)A decrease in the price of an input used to produce MP3 players

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Definitions:

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how much the values deviate from the mean.

Beta

Beta is a measure of a security's volatility in relation to the overall market, indicating how much a security's price is expected to move compared to market movements.

Risk-Free Return

The theoretical return attributed to an investment that has no risk of financial loss, often represented by the yield on government securities.

Arithmetic Average Return

The sum of the returns in each period divided by the number of periods, used to calculate the mean return of an investment over a specific time frame.