Multiple Choice
Which of the following would shift the supply curve for a product to the right?
A) an increase in the price of a resource used in the good's production
B) the expectation of a higher price in the near future
C) an increase in the price of the product
D) an increase in the price of an alternative good
E) an improvement in the technology for producing the good
Correct Answer:

Verified
Correct Answer:
Verified
Q134: Which of the following is true of
Q135: Which of the following might cause the
Q136: An improvement in technology shifts the supply
Q137: An increase in the price of a
Q138: Exhibit 4-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 4-4
Q140: Which of the following statements about demand
Q141: Suppose that the price of compact disks
Q142: Exhibit 4-15 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 4-15
Q143: If the tea harvest is bad in
Q144: Exhibit 4-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 4-1