Figure 5.2. The figure shows the supply and demand curves of a firm.
-Which of the following is a possible cause of a rightward shift in the supply of healthcare?

Question

​Figure 5.2. The figure shows the supply and demand curves of a firm. 
-Which of the following is a possible cause of a rightward shift in the supply of healthcare?​

Quizplus · Accepted Answer

A fall in the price of resources used to produce healthcare products would lead to a rightward shift in the supply of healthcare, as the cost of producing healthcare products would fall, leading to an increase in the quantity supplied at any given price level.

​Figure 52

Figure 52