Which of the Following Does Not Explain Why Supply Curves

question 75

Multiple Choice

Which of the following does not explain why supply curves typically slope upward and to the right:

• A)people are willing to pay a higher price for more goods.
• B)extra production brings in the less efficient, higher-cost producers.
• C)expanded industry output might cause a labor shortage and subsequently a rise in the wage rate and the cost of production.
• D)expanded production may require the use of inferior resources.
• E)All the above are valid reasons.

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Psychological difficulties in adapting to new or changing environments, situations, or life stages.

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The legal termination of a marital relationship involving parents, which can have various emotional and psychological impacts on their children.

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(1) Pattern of change in emotions, personality, and social relationships. (2) In Erikson’s eight-stage theory, the socially and culturally influenced process of development of the ego, or self.