Once the Supply Curve for a Product or Service Is

question 20

Multiple Choice

Once the supply curve for a product or service is drawn,it

• A)remains stable over time.
• B)can shift either rightward or leftward.
• C)is possible to move along the curve,but the curve will not shift.
• D)tends to become steeper over time.

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Definitions:

Observable Behaviors

Actions or reactions of an individual that are visible and can be noted or recorded.

Learning

The acquisition of knowledge or skills through experience, study, or teaching, leading to a relatively permanent change in behavior.

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A condition characterized by the inability to perceive color differences, resulting from deficiencies in color-sensing pigments in the eye.