All of the Following Will Cause the Supply Curve of Good

question 105

Multiple Choice

All of the following will cause the supply curve of good A to shift rightward EXCEPT

• A) a reduction in the prices of inputs used to produce good A.
• B) an increase in the number of firms in the industry producing good A.
• C) a decrease in the per-unit tax on good A which producers must pay.
• D) an increase in the market price of good A.

---

Definitions:

Check Truncation

The process of converting a physical check into a digital form for electronic processing and payment.

Radical

An individual or viewpoint favoring drastic political, economic, or social reforms; often involves changes to the status quo.

Drawee Bank

The financial institution upon which a check or draft is drawn and is responsible for its payment.

Cincinnati Insurance Company

The Cincinnati Insurance Company is a US-based insurance provider that offers a range of insurance products, including life, business, and property and casualty insurance.