The Decrease in the Price of a Good That Is

question 99

Multiple Choice

The decrease in the price of a good that is another potential output for another 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:

Stock Price Reactions

The changes in stock prices in response to market news, corporate actions, or economic indicators, reflecting investor sentiment.

News

Information about recent events or developments in a particular area or activity.

Efficient Market

A market hypothesis stating that stock prices fully reflect all available information, making it impossible to have consistently higher returns.

Citrus Harvest

The collection or gathering of citrus fruits, such as oranges and lemons, which can significantly impact agricultural economies and markets.