If Something Happens to Alter the Quantity Supplied at Any

question 53

Multiple Choice

If something happens to alter the quantity supplied at any given price, then

• A)we move along the supply curve.
• B)the supply curve shifts.
• C)the supply curve becomes steeper.
• D)the supply curve becomes flatter.

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Definitions:

Sales Tactics

Strategies or methods employed to convince prospects or customers to buy a product or service, often involving persuasion and negotiation techniques.

Conventional

Traditional, typical, or standard practices, methods, or techniques.

Marketing Channel

A set of practices or activities necessary to transfer the ownership of goods, and to move goods, from the point of production to the point of consumption.

Cooperative

An organization owned and operated for the benefit of those using its services, where members work together for a common goal, sharing in decisions and profits.