If a supply curve shifts rightward, this means
A)suppliers are willing and able to offer less of the good for sale at every price.
B)suppliers are willing and able to offer more of the good for sale at every price.
C)quantity supplied is lower at every price.
D)suppliers are willing and able to offer more of the good for sale only at a particular price.

Question

Quizplus · Accepted Answer

When the supply curve shifts rightward, it means that suppliers are willing and able to offer more of the good for sale at every price. This could be due to factors such as an increase in production technology, a decrease in input costs, or an increase in the number of suppliers in the market.

If a Supply Curve Shifts Rightward, This Means