Question
Please Answer Correctly 1.) Which of the following influences does not shift the supply curve? A rise in the wages paid workers Development of new
Please Answer Correctly
1.) Which of the following influences does not shift the supply curve?
A rise in the wages paid workers
Development of new technology
People deciding that they want to buy more of the product
A decrease in the number of suppliers
2.) To say that "supply increases" because of a fall in costs means there is a
movement rightward along a supply curve.
movement leftward along a supply curve.
shift rightward in the supply curve.
shift leftward in the supply curve.
3.)If the market for Twinkies is in equilibrium, then
Twinkies must be a normal good.
producers would like to sell more at the current price.
consumers would like to buy more at the current price.
the quantity supplied equals the quantity demanded.
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