Refer to the Above Diagram,in Which S₁ and D₁ Represent

question 137

Multiple Choice

Refer to the above diagram,in which S₁ and D₁ represent the original supply and demand curves and S₂ and D₂ the new curves.In this market the indicated shift in supply may have been caused by:

• A) an increase in the wages paid to workers producing this good.
• B) the development of more efficient machinery for producing this good.
• C) this product becoming less fashionable.
• D) an increase in consumer incomes.

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Definitions:

Dividends Per Share

A measure of the dividend payment per share of stock issued, calculated by dividing the total dividends paid by the company by the number of outstanding shares.

Return on Assets

Return on assets (ROA) is a profitability ratio that measures how efficiently a company uses its assets to generate profit, calculated as net income divided by total assets.

Average Total Assets

A measure calculated by taking the sum of total assets at the beginning and end of a period and dividing by two, used to evaluate a company's asset utilization efficiency.

Average Total Liabilities

The average amount of money that a company owes to others over a specific time period, used to assess the company's financial health.