Which One of the Following Would Increase Per-Unit Production Cost

question 15

Multiple Choice

Which one of the following would increase per-unit production cost and therefore shift the aggregate supply curve to the left?

• A) A reduction in business taxes.
• B) Production bottlenecks occurring when producers near full plant capacity.
• C) An increase in the price of imported resources.
• D) Deregulation of industry.

Understand the concept of phytoremediation and its applications in environmental clean-up.

Describe the processes and pathways of phloem transport in plants.

Understand the structural adaptations in plants that facilitate physiological processes.

Understand the concept and types of phytoremediation strategies for environmental clean-up.

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Definitions:

Work In Process

Inventory that includes goods that are in the production process but not yet completed.

Direct Materials

The raw materials that are directly traceable to the production of specific goods or services.

Equivalent Units

A measure used in process costing to convert partially completed units into an equivalent number of fully completed units.

Conversion

The process of turning a visitor to a website or app into a paying customer.