The position of the supply curve in the market for garbage removal
A)is irrelevant since the cost is fixed.
B)depends on the marginal cost of garbage removal.
C)depends on the demand for garbage removal services.
D)is unaffected by taxes levied per household amount of garbage.

Question

Quizplus · Accepted Answer

The position of the supply curve in the market for garbage removal depends on the marginal cost of garbage removal. As the marginal cost increases, the supply curve will shift upward, indicating that suppliers are willing to supply less garbage removal services at higher prices. As the marginal cost decreases, the supply curve will shift downward, indicating that suppliers are willing to supply more services at lower prices.

The Position of the Supply Curve in the Market for Garbage