Multiple Choice
Which of the following shifts the supply curve for good X leftward?
A) a technological advance in the production of X
B) a decrease in the wages of workers employed to produce X
C) a situation in which the quantity supplied of X exceeds the quantity demanded of X
D) an increase in the cost of the machinery used to produce X
E) a situation in which the quantity demanded of X exceeds the quantity supplied of X
Correct Answer:
Verified
Correct Answer:
Verified
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