If someone invents a better way to produce frozen pizzas, then
A) The market supply curve for frozen pizzas will shift to the right.
B) The market supply curve for frozen pizzas will shift to the left.
C) There will be a movement up along the market supply curve for frozen pizzas.
D) There will be a movement down along the market supply curve for frozen pizzas.

Question

Quizplus · Accepted Answer

If someone invents a better way to produce frozen pizzas, it will likely result in a lower cost of production, which will lead to an increase in supply. This will shift the market supply curve to the right.

If Someone Invents a Better Way to Produce Frozen Pizzas