Title: Which of the following will NOT cause a rightward shift in the supply curve?
Post by: jonnyjon on Mar 4, 2019
Question 1.
Refer to the above figure. A movement from point A to point B for a good is most likely a result of
• an expectation of a decrease in the relative price of that good.
• a decrease in the price of that good.
• an expectation of an increase in the relative price of that good.
• an increase in the price of that good.
Question 2.
Which of the following will NOT cause a rightward shift in the supply curve?• a reduction in the expected future price
• a reduction in resource costs
• an improvement in technology
• none of the above
Title: Which of the following will NOT cause a rightward shift in the supply curve?
Post by: DWFG2796 on Mar 4, 2019
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