Which factor would cause a LEFTWARD shift in the supply curve for a good?:
A)an increase in the number of sellers
B)a technological improvement in production
C)an increase in the cost of an input
D)an increase in the number of buyers

Question

Quizplus · Accepted Answer

An increase in the cost of an input would make it more expensive for producers to make the good, resulting in a decrease in supply at all price levels, and a shift to the left of the supply curve.

Which Factor Would Cause a LEFTWARD Shift in the Supply