Which Would Cause an Increase in the Supply Curve of Cell-Phone

question 281

Multiple Choice

Which would cause an increase in the supply curve of cell-phone services?

• A) a decrease in the wages of cell-phone company workers
• B) an increase in the price of cell-phone services
• C) an increase in the taxes paid by cell-phone service providers
• D) a decrease in a subsidy given to cell-phone service providers

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Definitions:

Government Stability

The degree to which a government is consistent in its policies, effective in its governance, and able to maintain order.

Standard Of Living

The degree of prosperity, convenience, physical possessions, and essential needs accessible to a specific social economic group or region.

Inward-Oriented Policies

Economic strategies focusing on protecting domestic industries from foreign competition through tariffs and import quotas.

Outward-Oriented Policies

Economic policies aimed at promoting international trade by reducing trade barriers and embracing globalization to stimulate economic growth.