Which of the following would cause a leftward shift in the supply curve for car washes?
A) an increase in the number of cars in the city
B) a decrease in taxes on car washes
C) an increase in the price of car washing equipment
D) a decrease in the price of water

Question

Quizplus · Accepted Answer

An increase in the price of car washing equipment would increase the cost of production for car washes, causing a leftward shift in the supply curve as fewer producers would be willing to supply car washes at any given price. A, B, and D would not directly impact the supply curve for car washes.

Which of the Following Would Cause a Leftward Shift in the Supply