Which of the following would shift the supply curve for energy drinks to the left?
A)a decrease in the expected future price of energy drinks
B)an increase in consumer income (assuming that energy drinks are normal goods)
C)a decrease in the number of firms that produce energy drinks
D)a decrease in the price of an input used to produce energy drinks

Question

Quizplus · Accepted Answer

A decrease in the number of firms that produce energy drinks would result in a decrease in the quantity supplied at every given price, shifting the supply curve to the left.

Which of the Following Would Shift the Supply Curve for Energy