Which of the following events would shift a supply curve to the left? (1 point)
A.The price of the good that the firms produce is expected to fall in the near
B.• Local government increases the taxes that are levied on firms.
• The number of sellers in the market increases.
• The prices of many inputs are dramatically reduced.
A business produces apple juice and orange juice. The price of orange juice has increased from $2.00 to $2.50. This can be modeled by .
- (1 point)
A.O a downward movement along the supply curve for apple juice
B.• a shift of the supply curve for apple juice to the right
C.• a shift of the supply curve for apple juice to the left
D.• an upward movement along the supply curve for apple juice
The federal government is considering providing a per-student subsidy to private schools in the country. What is the anticipated effect of the subsidy on the supply of private education?
(1 point)
O The demand for private education will increase.
O At any given price, the quantity supplied of private education will decrease.
• At any given price, the quantity supplied of private education will increase.
• The supply of private education will decrease.
The welding workforce (supply) is expected to grow due to a state program that has increased the access of the vocational education programs necessary to become proficient in the profession. Unfortunately, the price of tools to be a welder have gone up. What impact will this development have on the supply of welders? (1 point)
• The supply of welding will be unaffected.
• It is impossible to tell.
• The supply of welding will increase.
• The supply of welding will decrease.