-Refer to the graph in the exhibit.Which of the following causes the shift in the curve?
A) weather conditions that lead to worldwide crop failures
B) an attempt by key resource producers to monopolize supply
C) a decrease in government spending
D) an increase in labour productivity

Question

-Refer to the graph in the exhibit.Which of the following causes the shift in the curve?  
A) weather conditions that lead to worldwide crop failures 
B) an attempt by key resource producers to monopolize supply 
C) a decrease in government spending 
D) an increase in labour productivity

Quizplus · Accepted Answer

An increase in labor productivity typically shifts the supply curve to the right, indicating an increase in supply due to more efficient production processes.

-Refer to the Graph in the Exhibit