Which of the following would shift the supply curve for corn to the right?

Question

Quizplus · Accepted Answer

A decrease in land taxes would decrease the cost of production for corn and therefore increase the incentives for farmers to supply more corn at each price level, shifting the supply curve to the right. An increase in land taxes would increase costs of production and shift the supply curve to the left. Changes in market price of corn would affect quantity supplied and movement along the supply curve, and would not shift the curve itself.

Which of the Following Would Shift the Supply Curve for Corn