Which of the Following Will NOT Affect the Position of the Market

question 408

Multiple Choice

Which of the following will NOT affect the position of the market supply curve for a good?

• A) The government grants a subsidy to the producers for each unit of a good that they produce.
• B) The price of the good increases.
• C) The number of sellers in the market increases.
• D) There is an increase in the prices of the inputs used in production.

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Definitions:

Quality/Design

The standard of something as measured against other things of a similar kind, and the process of conceiving and planning the structure and functionality of products.

Potential Hazards

Possible sources of danger or harm that may arise from activities, processes, or conditions.

Marketing Ethics

The area of applied ethics which deals with the moral principles behind the operation and regulation of marketing.

Ethical Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution or organization, specifically regarding moral and ethical issues.