-Refer to the above figure. The rightward shift of the curve could have been caused by
A) a technological improvement.
B) a technological setback.
C) an increase in income.
D) a decrease in income.

Question

-Refer to the above figure. The rightward shift of the curve could have been caused by
A) a technological improvement. 
B) a technological setback. 
C) an increase in income. 
D) a decrease in income.

Quizplus · Accepted Answer

A technological improvement can increase productivity or efficiency, leading to a rightward shift in the supply curve, indicating an increase in the quantity supplied at each price level.

-Refer to the Above Figure