Which of the following will cause the supply curve to shift to the right?
A) Lower product prices
B)poor natural conditions for production
C)an increase in input prices
ans - None of the above
Explanation:
To shift the supply curve to the right, all given options are incorrect.
option a) Supply will not shift when product price changes, however there is movement in the supply curve due to this reason.
option b) this leads to leftward shift in supply not rightward
option c) again an increase in input price increases cost of production and shift the supply to the left.
So Ans is none of the above
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