Consider the supply curve $Q ^ { s } = 40 + 2 P + 6 i$ . If the value of i rises, the supply curve will
A)not shift at all
B)shift to the right
C)shift to the left
D)rotate so it becomes upward sloping

Question

Quizplus · Accepted Answer

The supply curve will shift to the right because an increase in $i$ directly increases the quantity supplied ($Q^s$) at every price level, indicating a rightward shift.

Consider the Supply Curve Qs=40+2P+6iQ ^ { s } = 40 + 2 P + 6 iQs=40+2P+6i

Consider the Supply Curve $Q ^ { s } = 40 + 2 P + 6 i$