Supply-restricting policies are intended to shift the
A)supply curve to the left.
B)supply curve to the right.
C)demand curve to the left.
D)demand curve to the right.
E)b and d

Question

Quizplus · Accepted Answer

Supply-restricting policies, such as quotas and tariffs, are designed to limit the amount of a good or service that can be produced or imported, which results in a decrease in supply and shifts the supply curve to the left.

Supply-Restricting Policies Are Intended to Shift the