If a Supply Curve Shifts Rightward,this Means

question 68

Multiple Choice

If a supply curve shifts rightward,this means

• A) suppliers are willing and able to offer less of the good for sale at every price.
• B) suppliers are willing and able to offer more of the good for sale at every price.
• C) quantity supplied is greater at every price.
• D) suppliers are willing and able to offer more of the good for sale only at a particular price.
• E) b and c

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Definitions:

Leading Indicators

Factors in the economy that shift prior to the overall economy beginning to adopt a specific direction or trend, utilized for forecasting upcoming economic activities.

Lagging Indicators

Metrics that reflect the economy’s historical performance and changes, becoming apparent after an economic activity.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of an organization, enhancing its internal and external communications and monitoring its performance against strategic goals.

Cause-and-Effect Relationships

Connections between events where one or more events cause another event to happen.