A Change in the Supply of a Given Good Could

question 25

Multiple Choice

A change in the supply of a given good could be caused by

• A)a change in demand for the good.
• B)a change in consumer preferences.
• C)a change in technology that affects of production costs.
• D)introduction of new consumers into the market.
• E)none of the above.

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Definitions:

Subject

Represents the entity or topic that is being discussed, analyzed, or used as the focus of a sentence, study, or research.

Proposition

A declarative sentence that is either true or false and states a fact or claim about the world.

Baptist

Refers to a member of a Christian denomination known for its belief in baptism solely of adult believers by full immersion.

Predicate

In logic, it is the part of a sentence or formula that tells something about the subject or assigns a property to the subject.