A Rightward Shift of a Supply Curve Is Called A(n)

question 62

Multiple Choice

A rightward shift of a supply curve is called a(n)

• A)increase in supply.
• B)decrease in supply.
• C)decrease in quantity supplied.
• D)increase in quantity supplied.

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Definitions:

Indirect Method

A way of calculating cash flows in the cash flow statement, where net income is adjusted for changes in balance sheet accounts to reflect cash transactions.

Voting Stock

Shares of a corporation that give the shareholder the right to vote on matters of corporate policy and on the selection of the board of directors.

Cash Dividend

A disbursement from a corporation to its stockholders, typically coming from its earnings.

Net Income

The ultimate earnings of a company, arrived at by reducing its revenues by all incurred expenses and taxes.