Which of the Following Choices Contains Only Factors That Cause

question 244

Multiple Choice

Which of the following choices contains only factors that cause the supply curve to shift to the right?

• A) a fall in production costs, a rise in technology, an increase in taxes on output
• B) a fall in tastes and preferences for the product, economic growth, and a rise in technology
• C) a decrease in taxes on production, a fall in subsidies on production, a rise in costs of production
• D) a rise in technology, a fall in the costs of production, a fall in taxes on output

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Definitions:

Revenue

The income a business receives from selling a product.

Wholesale Price

The price that manufacturers charge the retailer.

Trademark

A recognizable sign, design, or expression which distinguishes products or services of a particular trader from those of others.

Invention

The creation of a new device, method, or process, resulting from study and experimentation.