Behavioral Economics X Ryan Carr - Behavorial E x _ Ryan Carr - Leave it to E X Ryan Carr - The Brady B X Test Wizard | TestWizar X Course Hero X X C D A testwizard.com/Pages/Student/TakingExam/Take.aspx?eid=2086016 G -rw SOCSD CH Tappan Zee Library... _ Classroom 2840 2048 - 2022 Research Wor... Full article: A system. Test Wizard Ryan Carr Home Grades Help Microeconomics - Spring Previous Next 2023 Microeconomics - Spring 2 Flag this Question Main Section 2 18) Which of the following will cause the supply curve for a given good to shift right? 4 A) An increase in the price of inputs - 5 * 6 B) An decrease in labor productivity * 7 C) An increase in the sales tax ) A new technology that lowers costs she she she she she she she she she she 19 O A May 1 8:47 1 USBehavioral Economics X Ryan Carr - Behavorial E x _ Ryan Carr - Leave it to E X Ryan Carr - The Brady B X Test Wizard | TestWizar X Course Hero X X C D A testwizard.com/Pages/Student/TakingExam/Take.aspx?eid=2086016 G -rw SOCSD CH Tappan Zee Library... _ Classroom 2840 2048 - 2022 Research Wor... Full article: A system. Test Wizard Ryan Carr Home Grades Help Microeconomics - Spring Previous Next 2023 Microeconomics - Spring 2 Flag this Question Main Section 2 19) The elasticity of supply is best defined as 4 A) the amount of benefit that firms receive from a rightward shift in the demand curve - 5 * 6 B) the percentage change in income that results from a percentage change in taxes * 7 C) the percentage change in supply that results from a percentage change in price D) the amount of benefit that firms receive from being able to sell in a market de she she she she she she she she she she she O A May 1 8:47 1 USBehavioral Economics X Ryan Carr - Behavorial E x _ Ryan Carr - Leave it to E X Ryan Carr - The Brady B X Test Wizard | TestWizar X Course Hero X X C D A testwizard.com/Pages/Student/TakingExam/Take.aspx?eid=2086016 G -rw SOCSD CH Tappan Zee Library... _ Classroom 2840 2048 - 2022 Research Wor... Full article: A system. Test Wizard Ryan Carr Home Grades Help Microeconomics - Spring Previous Next 2023 Microeconomics - Spring 2 Flag this Question Main Section 20) The concept that all economic choices require a person to forgo some alternative choice is 2 known as 4 A) the interest rate - 5 * 6 B) opportunity cost * 7 C) comparative advantage D) specialization de she she she she she she she she she she she 19 21 24 O A May 1 8:47 1 USBehavioral Economics X Ryan Carr - Behavorial E x _ Ryan Carr - Leave it to E X Ryan Carr - The Brady B X Test Wizard | TestWizar X Course Hero X X C D A testwizard.com/Pages/Student/TakingExam/Take.aspx?eid=2086016 G -rw SOCSD CH Tappan Zee Library... _ Classroom 2840 2048 - 2022 Research Wor... Full article: A system. Test Wizard Ryan Carr Home Grades Help Microeconomics - Spring Previous Next 2023 Microeconomics - Spring 2 Flag this Question Main Section 2 21) The elasticity of demand for a given good is most likely to be high if 4 A) many firms use the good as an input - 5 B) * 6 no substitutes are available * 7 C) the good is a luxury D) the good is a necessity she she she she she she she she she she she O A May 1 8:47 1 USBehavioral Economics X Ryan Carr - Behavorial E x _ Ryan Carr - Leave it to E X Ryan Carr - The Brady B X Test Wizard | TestWizar X Course Hero X X C D A testwizard.com/Pages/Student/TakingExam/Take.aspx?eid=2086016 G -rw SOCSD CH Tappan Zee Library... _ Classroom 2840 2048 - 2022 Research Wor... Full article: A system. Test Wizard Ryan Carr Home Grades Help Microeconomics - Spring Previous Next 2023 Microeconomics - Spring 2 Flag this Question Main Section 22) If the supply curve shifts to the right, 2 4 A) both the equilibrium price and the equilibrium quantity decrease - 5 B) * 6 the equilibrium price decreases and the equilibrium quantity increases * 7 C) both the equilibrium price and the equilibrium quantity increase ) the equilibrium price increases and the equilibrium quantity decreases she she she she she she she she 21 IN 23 24 O A May 1 8:47 1 US