Which of the following would not cause the supply curve to shift to the right?
A) An increase in the number of producers
B) An increase in the national minimum wage (NMW)
C) A technological innovation
D) An increase in subsidies
Correct Answer:
Verified
Q5: The supply curve might shift inwards with
Q6: If the quantity supplied increases 20% when
Q7: If the price elasticity of supply is
Q8: If the price elasticity of supply is
Q9: If a 20% increase in price leads
Q10: If price increases from 10 pence to
Q11: Which of the following would not influence
Q12: A movement upwards along the supply curve
Q14: Which of the following would cause the
Q15: An increase in the number of producers
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