Which of the Following Will Cause an Outward (Rightward) Shift

question 423

Multiple Choice

Which of the following will cause an outward (rightward) shift in the supply curve?

• A) a reduction in the price of the good
• B) an increase in the price of labor input
• C) an increase in the number of consumers
• D) technological progress

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Definitions:

Earnings Before Interest and Taxes

A measure of a firm's profit that includes all expenses except interest and income tax expenses.

Cash Coverage Ratio

A liquidity metric that measures a company's ability to pay off its debt with its cash flow, demonstrating financial health.

Days' Sales In Inventory

A measure of how efficiently a company manages its inventory, calculated by dividing the inventory by the daily average cost of goods sold.

Inventory Turnover

A metric demonstrating the rate at which a business's inventory is sold and restocked over a designated span.