A Rightward Shift in the Supply Curve for a Product

question 164

Multiple Choice

A rightward shift in the supply curve for a product could be caused by all of the following except one.Which is the exception?

• A)The expectation of suppliers that the future price of the product will increase
• B)A decrease in the price of a productive resource used in its manufacture
• C)A decrease in the price of a product that is a substitute in production
• D)A technological improvement in manufacturing methods for the product

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Definitions:

Perceptions

The process of organizing, interpreting, and making sense of sensory information to understand the environment and social interactions.

Facial Expressions

The movements of the facial muscles that convey emotions and feelings to others.

Paul Ekman

A psychologist who is best known for his work on the facial expressions of emotions and their universality across cultures.

Physiological Patterns

Regular and predictable ways in which the body functions or responds to stimuli, often related to health and disease.