Which of the Following Would Not Shift the Supply Curve

question 218

Multiple Choice

Which of the following would not shift the supply curve for swordfish?

• A) a reduction in the number of available fishing boats
• B) unusually stormy weather during fishing season
• C) the development of innovative new fishing equipment that makes it easier to catch swordfish
• D) an increase in the price of swordfish

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Definitions:

Contract

A legally binding agreement between two or more parties that creates mutual obligations enforceable by law.

Remedies

Legal means used to enforce a right or redress a harm, including monetary damages and injunctions.

Misrepresented

Incorrectly or falsely presented information, often leading to a misunderstanding or an erroneous basis for a contract or agreement.

Equitable Remedy

A court-ordered action aimed at achieving fairness, such as injunctions or specific performance, rather than monetary compensation.