Ceteris paribus,which of the following will cause a rightward shift of the supply curve for plasma TVs?

Question

Quizplus · Accepted Answer

A subsidy paid to the producers of plasma TVs reduces the cost of production for the producers, resulting in increased profits for each unit sold. As a result, the sellers are now willing to offer more units of plasma TVs at any given price, leading to a rightward shift in the supply curve. A decrease in the price of plasma TVs, on the other hand, would result in a movement along the existing supply curve rather than a shift in the curve. A and B are false choices since they imply a leftward shift of the supply curve, i.e., a decrease in supply.

Ceteris Paribus,which of the Following Will Cause a Rightward Shift