A Movement Along the Supply Curve Might Be Caused by a Change

question 86

Multiple Choice

A movement along the supply curve might be caused by a change in

• A)​technology.
• B)​supplier's input prices.
• C)​expectations about future prices.
• D)​the price of the good or service that is being supplied.

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Definitions:

Intentional Torts

Legal wrongs that occur when an individual deliberately engages in actions that cause harm or injury to another person.

Preponderance of the Evidence

A standard of proof in civil cases, where the party with the more convincing evidence wins, requiring over 50% of the evidence to be in favor.

Negligence Action

A legal claim made against someone who is alleged to have failed to act with the care that a reasonably prudent person would have in a similar situation, resulting in harm.

Res Ipsa Loquitur

A legal doctrine which allows plaintiffs to prove negligence on the basis of the very nature of an accident or injury occurring, suggesting the defendant's responsibility even without direct evidence of negligence.