If the price of network servers increases,the impact on firms doing business through the internet will be to
A) shift the supply curve to the right.
B) move down along the supply curve.
C) shift the supply curve to the left.
D) move up along the supply curve.
E) shift the demand curve to the right.

Question

Quizplus · Accepted Answer

An increase in the price of network servers will increase the cost of production for firms doing business through the internet, which will result in a decrease in supply. This will shift the supply curve to the left.

If the Price of Network Servers Increases,the Impact on Firms