Some Producers Are Chatting

Multiple Choice

Some producers are chatting.Which one of the following quotations refers to a rightward shift of the supply curve?

A) "Competitors are leaving the industry."
B) "Our new, sophisticated equipment will enable us to undercut our competitors."
C) "Raw material prices have sky- rocketed; we will have to pass the cost on to our customers."
D) "Wage increases have forced us to raise our prices."
E) "We anticipate a big increase in demand.Our product price should rise, so we are planning for an increase in output."