Which of the Following Would Cause a Movement Along the Supply

question 22

Multiple Choice

Which of the following would cause a movement along the supply curve for cupcakes?

• A)an improvement in technology for commercial mixers
• B)a decrease in the price of cupcakes
• C)an increase in the price of cake flour
• D)All of the above are correct.

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Definitions:

Strategic

Relating to the identification of long-term or overall aims and interests and the means of achieving them, often involving planning and resource allocation.

Synergy

Notion that a combined firm is worth more than the two firms are individually.

Merger

Agreement in which two or more firms combine to form one company.

Acquisition

Agreement in which one company purchases another.