What Is the Most Likely Effect of Deregulation on the Supply

question 242

Multiple Choice

What is the most likely effect of deregulation on the supply curve?

• A)Supply curve will shift to the left
• B)Quantity supplied will reduce
• C)Supply curve will shift to the right
• D)Supply curve will not be effected

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Definitions:

William Stern

A psychologist known for his work in intelligence and the development of the intelligence quotient (IQ) formula.

Intelligence Quotient

A measure of a person's intelligence as indicated by an intelligence test, expressed as a ratio of the individual's mental age to their chronological age then multiplied by 100.

Charles Spearman

A psychologist known for his work in statistics and intelligence, including the concept of general intelligence, or "g factor."

Intelligence

The ability to learn, understand, and apply knowledge and skills, solve problems, and adapt to new situations.