ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Which of the following will not cause a shift in the

    supply curve of a product?
    A A change in the cost of production Correct Answer Incorrect Answer
    B A change in technology Correct Answer Incorrect Answer
    C A change in the number of sellers Correct Answer Incorrect Answer
    D A change in the price of the product Correct Answer Incorrect Answer

    Solution

    Explanation: A change in the price of the product causes a movement along the supply curve, not a shift of the curve itself.

    Practice Next
    More Economy and Inflation Questions
    ask-question