Which of the Following Is True of an Increase in Quantity

question 151

Multiple Choice

Which of the following is true of an increase in quantity supplied of a given good?

• A)It is represented by a rightward shift in the supply curve.
• B)It could result from a technological improvement.
• C)The price of a key resource used to produce the good may have decreased.
• D)It is caused by an increase in the price of the good.
• E)The price of an alternative good has increased.

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Definitions:

Minimum Required Rate

The lowest rate of return or discount rate acceptable for a project or investment to proceed.

Residual Income

Residual Income (RI) is the net income an organization generates beyond the minimum rate of return on its investments.

Operating Assets

Assets that are used in the day-to-day operations of a business to generate income, including both current and long-term assets.

Net Operating Income

A financial metric that calculates a company's profitability by subtracting operating expenses from its total revenue, excluding taxes and interest.