Multiple Choice
Which of the following is likely to cause the supply curve for steel window frames to shift to the right?
A) A decrease in the cost of production of steel due to a new subsidy
B) A fall in the production of steel window frames due to factory lockouts
C) A rise in the market price of steel window frames due to an increase in demand
D) An increase in the wages of labor working in steel firms due to demands by trade unions
Correct Answer:
Verified
Correct Answer:
Verified
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