-Refer to the figure above. All of the following except which one could have caused the shift in the supply curve?

Question

Quizplus · Accepted Answer

An increase in the price of Good R would not cause the supply curve to shift; it would cause a movement along the supply curve. Shifts in the supply curve are caused by factors like changes in production costs, number of sellers, or production technology, not by changes in the price of the good itself.

-Refer to the Figure Above