One Would Speak of a Movement Along a Supply Curve

question 36

Multiple Choice

One would speak of a movement along a supply curve for a good,rather than a change in supply,if

• A)the cost of producing the good changes.
• B)supplier expectations about future prices change.
• C)the price of the good changes.
• D)prices of substitutes in production change.

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Definitions:

Sensitization

The process by which repeated exposure to a stimulus increases the response to that stimulus over time.

Subliminal Stimulation

The process of influencing someone's mind with stimuli (visual or auditory) below the threshold of conscious perception.

Pitch Increase

A rise in the perceived frequency of sound, leading to the auditory sensation of a higher tone.

Visible Light

The part of the electromagnetic spectrum that stimulates the eye and produces visual sensations.