Economists who study the market for rubber automobile tires have concluded that the supply curve has recently shifted to the right. What might have caused this?

Question

Quizplus · Accepted Answer

A shift to the right in the supply curve indicates an increase in supply. A decrease in the price of rubber, a key input in tire production, would lower production costs for tire manufacturers, enabling them to produce more tires at each price level, thus increasing supply.

Economists Who Study the Market for Rubber Automobile Tires Have