Multiple Choice
(Figure: Interpreting Supply Shifts 2) A shift to the right of the supply curve could be caused by a(n)
A) improvement in production technology.
B) increase in the costs of resources.
C) increase in the price of a complementary good.
D) decrease in the number of sellers.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q189: Suppose that the quantity demanded for a
Q190: When only supply or only demand changes,
Q191: The equation for the demand curve for
Q192: The law of supply states that as
Q193: Alfred Marshall is primarily responsible for developing
Q195: A surplus exists when the price is
Q196: An individual's valuation of a good or
Q197: If television sellers expect the prices of
Q198: If both the supply of and the
Q199: The price of automobiles is rising because