EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Perfect Competition & Supply · Question 28 of 52

Question 28

MediumOriginal question

Which of these shifts the supply curve of a good to the right?

Options for question 28

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Better technology lowers the cost of each unit, so firms offer more at every price.

  2. Dearer inputs and a unit tax raise costs (shift left); own price moves along the curve.

Concept
Technology and supply
Typical time
70 s
Your time
—
The rule this testsDeterminants of supply; movement and shift
Practise this chapter →

Ten questions from Perfect Competition & Supply, at your own pace.

Practise this chapter →

Ten questions from Perfect Competition & Supply, at your own pace.