Multiple Choice
-Moving from supply curve S1 to supply curve S2 could be caused by a(n)
A) decrease in consumers' incomes.
B) decrease in quantity demanded.
C) improvement in the technology firms use to produce the good.
D) increase in the price of raw materials.
E) increase in the wages of labourers.
Correct Answer:

Verified
Correct Answer:
Verified
Q103: If a good or service is labeled
Q104: When the price of a good is
Q105: "Improvements in personal computer technology and its
Q106: Which of the following could NEVER be
Q107: Two recent studies conclude that increased fibre
Q109: As the price of flour (an input
Q110: A movement along a demand curve from
Q111: The demand curve for any good is
Q112: If the price in a market is
Q113: If,in a particular market,all unexploited opportunities have