What is the most likely effect of reducing costly regulations on the supply curve for a good?

Question

Quizplus · Accepted Answer

Reducing costly regulations would lower the costs of production for producers, allowing them to produce and supply the good at a lower cost. This would result in a rightward shift of the supply curve, as producers are willing and able to supply more of the good at every price level. Therefore, Choice C is the correct answer.

What Is the Most Likely Effect of Reducing Costly Regulations