Which of the Following Could Cause the Supply Curve for the Market

question 24

Multiple Choice

Which of the following could cause the supply curve for the market for oranges to shift to the left?

• A) an increase in the income of consumers of oranges
• B) a decrease in the cost of workers
• C) an increase in the price of orange juice
• D) a new study saying that eating oranges will give you heart disease
• E) a severe hurricane in Florida

---

Definitions:

Marginal Efficiency

The expected rate of return on an additional unit of capital or investment.

Interest Rate

The proportion of a total amount of money that is charged for borrowing it, frequently presented as a yearly rate.

Marginal Efficiency

Marginal efficiency relates to the additional utility or benefit gained from consuming or producing one more unit of a good or service.

Inventory Investment

The purchase of goods that are not sold immediately but are held for future sales, contributing to a company's assets.