Shift in Supply Curve
Authored by Akshay Nair
Business
9th - 12th Grade
Used 45+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Any change in the cost of resources used to make a good will affect the supply of the good is...
Change in Cost of Resources
Change in the Price of Other Goods
Change of Technology
Change in Producer Expectations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is not a determinants of supply?
Producer expectations
Change in Technology
Change in Consumer Taste
Change in the Number of Suppliers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Any change that affects producer expectations about profitability can affect market supply is...
Change in the Number of Suppliers
Change in Producer Expectations
Change in Cost of Resources
Change in Technology
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most resources have alternate uses
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Technology improves so making a product is easier which lowers the cost of producing goods is...
Change in Technology
Change in Cost of Resources
Change in Producer Expectations
Change in the Number of Suppliers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A change in price, other things constant...
Movement Along a Supply Curve
Shift of Supply Curve
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A change in one of the determinants of supply of other than the price is...
Shift of Supply Curve
Movement of Supply Curve
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