A Leftward Shift in Supply Could Be Caused By

question 119

Multiple Choice

A leftward shift in supply could be caused by:

• A)​an improvement in productive technology.
• B)​a decrease in income.
• C)​some firms leaving the industry.
• D)​a fall in the price of inputs to the industry.

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Definitions:

Cognitive Development

involves the changes and growth in how we understand the world, think, learn, and reason over time, from childhood through adulthood.

Piaget's Stages

A theory that describes the cognitive development of children in four stages: Sensorimotor, Preoperational, Concrete Operational, and Formal Operational.

Concrete Operations

A stage in Piaget's theory of cognitive development where children gain the ability to think logically about concrete events and understand the concept of conservation.

Cross-Cultural Studies

Comparative research examining cultural differences and similarities across various human societies.