Which of the following would shift the supply curve of smartphones to the right?

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Which of the following would shift the supply curve for smartphone to the right?
Which of the following will shift the supply curve to the right?
Which of the following would cause a rightward shift in the demand curve of smartphones?
Which of the following would cause the current supply curve of Iphone to shift rightward?

An increase in the price of a product will reduce the amount of it purchased because:

A.	supply curves are upsloping.

B.	the higher price means that real incomes have risen.

C.	consumers will substitute other products for the one whose price has risen.

D.	consumers substitute relatively high-priced for relatively low-priced products.

Which of the following will not cause the demand for product K to change?

A.	a change in the price of close-substitute product J

B.	an increase in consumer incomes

C.	a change in the price of K

D.	a change in consumer tastes

Which of the following would not shift the demand curve for beef?

A.	a widely publicized study which indicates beef increases one's cholesterol

B.	a reduction in the price of cattle feed

C.	an effective advertising campaign by pork producers

D.	a change in the incomes of beef consumers

4.	If the price of K declines, the demand curve for the complementary product J will:

A firm's supply curve is upsloping because:

A.	the expansion of production necessitates the use of qualitatively superior inputs.

B.	mass production economies are associated with larger levels of output.

C.	consumers envision a positive relationship between price and quality.

D.	beyond some point the production costs of additional units of output will rise.

R-1 F03083

Refer to the above diagram. The equilibrium price and quantity in this market will be:

R-2 F03090

Refer to the above diagram. A price of $20 in this market will result in:

B.	a shortage of 50 units.

C.	a surplus of 50 units.

D.	a surplus of 100 units.

E.	a shortage of 100 units.

R-3 F03140

Which of the above diagrams illustrate(s) the effect of a decrease in incomes upon the market for secondhand clothing?

R-3 F03140

Which of the above diagrams illustrate(s) the effect of a governmental subsidy on the market for AIDS research?

10.

An effective ceiling price will:

A.	induce new firms to enter the industry.

B.	result in a product surplus.

C.	result in a product shortage.

This is the end of the test. When you have completed all the questions and reviewed your answers, press the button below to grade the test.

Which of the following would shift the supply curve for smartphone to the right?

The answer is: b. a decrease in the price of inputs used to produce smartphones. A decrease in price is not going to incentive suppliers to produce more. In this case the supply of smartphones shifts to the right, which means there was a decrease in costs, followed by an increase in quantity.

Which of the following will shift the supply curve to the right?

A technological improvement that reduces costs of production will shift supply to the right, causing a greater quantity to be produced at any given price.

Which of the following would cause a rightward shift in the demand curve of smartphones?

Answer and Explanation: An increase in telephone technology would lead to an increase in the supply of telephones, and hence will give the rightward shift in the telephone supply curve.

Which of the following would cause the current supply curve of Iphone to shift rightward?

Explanation: A reduction in production costs will cause a rightward shift of the supply curve.

Which of the following would shift the supply curve of smartphones to the right?

Which of the following would shift the supply curve for smartphone to the right?

Which of the following will shift the supply curve to the right?

Which of the following would cause a rightward shift in the demand curve of smartphones?

Which of the following would cause the current supply curve of Iphone to shift rightward?

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