Which of the following will cause a rightward shift in the supply curve?
A) technological progress
B) a reduction in the price of the good
C) an increase in the price of labour
D) increase in the number of consumers
Correct Answer:
Verified
Q98: A decrease in demand is shown graphically
Q99: If the price of a product increases,ceteris
Q100: An increase in demand is shown graphically
Q101: The equilibrium or market-clearing price occurs where
A)quantity
Q102: Which of the following is a determinant
Q104: Table 3-2 Q105: In the long run,the number of producers Q106: Which of the following will shift today's Q107: A new government subsidy paid to the Q108: Table 3-2
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