The advent of self-serve grocery checkout has not only reduced waiting times for consumers but reduced production costs for grocery stores. There was thus a shift of the _____ curve to the _____, as grocery prices have _____.

Question

Quizplus · Accepted Answer

The shift of the supply curve to the right is the correct answer as self-serve grocery checkout reduces production costs, enabling grocery stores to offer products at a lower price or earn a higher profit margin. As production costs decrease, this causes the supply curve to shift to the right. As a result, grocery prices have fallen, which also matches the chosen answer.

The Advent of Self-Serve Grocery Checkout Has Not Only Reduced