-Moving from Supply Curve S1 to Supply Curve S2 Could

question 108

Multiple Choice

-Moving from supply curve S1 to supply curve S2 could be caused by a(n)

• A) decrease in consumers' incomes.
• B) decrease in quantity demanded.
• C) improvement in the technology firms use to produce the good.
• D) increase in the price of raw materials.
• E) increase in the wages of labourers.

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Definitions:

Cash Flows

The total amount of money being transferred in and out of a business, especially affecting liquidity.

Obsolete

Referring to a product, service, or technology that has become out of date or no longer in use.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Operating Activities

The day-to-day actions that are involved in running a business and generating revenue, including production, sales, and service delivery.