Which of the following will cause a rightward shift of the market supply curve?
A)An increase in the product price
B)A decrease in input prices
C)Change in consumers' tastes
D)An increase in national income

Question

Quizplus · Accepted Answer

A decrease in input prices for producers will lower their production costs, allowing them to supply more at every possible price level. This will cause a rightward shift of the market supply curve.

Which of the Following Will Cause a Rightward Shift of the Market