An Increase in Input Prices Will Cause

question 33

Multiple Choice

An increase in input prices will cause

• A)supply to shift rightward,equilibrium price to rise,and equilibrium quantity to fall.
• B)supply to shift leftward,equilibrium price to rise,and equilibrium quantity to fall.
• C)supply to shift rightward,equilibrium price to fall,and equilibrium quantity to rise.
• D)supply to shift leftward,equilibrium price to fall ,and equilibrium quantity to rise.

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Definitions:

Employee Services

Various benefits and services provided by employers to improve employee well-being and job satisfaction.

Employer Contributions

Payments made by an employer on behalf of their employees, typically into pension plans or health insurance.

Voluntary Benefit

Optional, employee-paid benefits offered by employers, allowing employees to tailor benefits packages to their needs.

Child Care Allowance

Financial support provided by an employer or government to help offset the costs of child care for employees or citizens.