Multiple Choice
Use the following to answer questions:
Figure: Supply Shift
-(Figure: Supply Shift) What would cause the supply curve to shift from S1 to S2 as shown in the diagram?
A) an increase in taxes on firms' output
B) an increase in the price of inputs used to produce the output
C) a decrease in the number of firms that produce the output
D) a decrease in the wages paid to union workers who produce the output
Correct Answer:

Verified
Correct Answer:
Verified
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