The Decrease in the Price of a Good That Is

question 200

Multiple Choice

The decrease in the price of a good that is used as an input for a second good, would (for the second good)

• A)move its supply curve to the right.
• B)move its supply curve to the left.
• C)cause a movement along the supply curve to a (higher price, higher quantity)point.
• D)cause a movement along the supply curve to a (lower price, lower quantity)point.

---

Definitions:

Strategic Business Decision

A choice made by a company's leadership that is intended to guide the organization towards its long-term goals and success.

Diversity

Every trait and encounter that shapes our unique identity as individuals.

Smart Business Leaders

Individuals at the helm of enterprises who are noted for their intelligence, strategic thinking, and ability to innovate and adapt.

Communication

The exchange of information or news between two or more individuals, through verbal, written, non-verbal, or digital means.