The Supply Curve Slopes Up and to the Right Because

question 164

Multiple Choice

The supply curve slopes up and to the right because:

• A) due to constant opportunity costs,producers feel that people will buy more if they charge a higher price.
• B) due to efficiencies,producers feel that people will buy more if they charge a higher price.
• C) due to increasing opportunity costs,producers must charge more to produce more in order to cover their costs.
• D) The supply curve actually slopes down and to the right.

---

Definitions:

Urban Ghettos

Densely populated urban areas marked by poverty and social isolation, often inhabited by minority groups facing economic and social disadvantages.

Rural Trailer Parks

Residential areas in rural settings where multiple mobile homes or trailers are placed, often providing affordable housing options.

"Redneck Stigma"

A negative stereotype associated with working-class white Americans, often involving perceived lack of sophistication or progressive views.

Zero Segregation

The state or condition where segregation, the separation of groups based on differences like race, does not exist at all.