A change in the cost of producing a good will cause the supply curve of the good to shift.

Name: A change in the cost of producing a good will cause the supply curve of the good to shift.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true because changes in production costs can affect the profitability of producing a good, which can lead to a decrease or increase in the quantity supplied at any given price, causing the supply curve to shift to the left or right.

A Change in the Cost of Producing a Good Will