Which of the Following Will NOT Affect the Position of the Market

question 408

Multiple Choice

Which of the following will NOT affect the position of the market supply curve for a good?

• A) The government grants a subsidy to the producers for each unit of a good that they produce.
• B) The price of the good increases.
• C) The number of sellers in the market increases.
• D) There is an increase in the prices of the inputs used in production.

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Definitions:

Payment Term

A condition that outlines the agreement between a buyer and a seller regarding the amount and timing of payments for goods or services.

Enforceable

A term describing a legal agreement or regulation that can be upheld or compelled by law.

Grade-A Quality

A classification that denotes the highest quality or standard in terms of product or item classification.

Original Offer

The initial proposal or price presented to potential buyers in a deal or transaction.