Which of the following would be a main reason for a general shift in supply?
A)Supplier expectations
B)The number of suppliers
C)Costs of the resources used
D)All of the above

Question

Quizplus · Accepted Answer

All of the above are main reasons for a general shift in supply.
Key Takeaway: The easiest way to remember all of the many major things that could cause a change in the supply is to use the acronym ROTTEN:
R = Resources = costs of resources
O = Other = prices of other goods
T = Taxes = subsidies and taxes
T = Technology = changes and progress in technology
E = expectations = suppliers' expectations
N = number = the number of suppliers involved

Which of the Following Would Be a Main Reason for a General