An Increase in Which of the Following Would Shift the Supply

question 30

Multiple Choice

An increase in which of the following would shift the supply curve for gasoline to the right?

• A)demand for gasoline
• B)price of gasoline
• C)number of producers of gasoline
• D)price of oil,an input into the production of gasoline

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Definitions:

Alliance

A formal agreement or partnership between individuals, businesses, or countries to pursue shared goals or to meet common objectives.

Forgive Remember

The process of choosing to forgive someone while still remembering the incident to learn from it without holding a grudge.

Perceptual Blocks

Cognitive obstacles that prevent a person from perceiving or interpreting new information correctly.

Creative Decision Making

The process of generating innovative solutions by integrating creativity with traditional decision-making methods.