Multiple Choice
A leftward shift of a product supply curve might be caused by
A) an improvement in the relevant technique of production.
B) a decline in the prices of needed inputs.
C) an increase in consumer incomes.
D) some firms leaving an industry.
Correct Answer:

Verified
Correct Answer:
Verified
Q36: (Advanced analysis)The demand for commodity X is
Q37: If two goods are substitutes, a decline
Q38: Use supply and demand analysis to explain
Q39: Answer the question based on the given
Q40: A market that achieves productive efficiency is
Q42: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the
Q44: What are some of the ways that
Q46: (Advanced analysis) The demand for commodity X
Q46: If the government subsidizes the car makers
Q266: By an "increase in demand," economists mean