Which of the following influences does NOT shift the supply curve?

Question

Quizplus · Accepted Answer

The supply curve represents the quantity of a good or service that a seller is willing and able to produce and offer for sale at different prices. Changes in the quantity supplied due to a change in price are reflected by movement along the supply curve, while changes that affect the quantity supplied at every price cause a shift in the supply curve. The four factors that can shift the supply curve are changes in input prices, changes in technology, changes in the number of sellers, and changes in government policies. None of these factors involve the demand for the product or the desire of consumers to buy more, like choice A suggests.

Which of the Following Influences Does NOT Shift the Supply