Which of the following does NOT cause a rightward shift in the supply curve?
A) a reduction in resource costs
B) an increase in technology
C) a reduction in the price of the good
D) a reduction in the expected future price of the good

Question

Quizplus · Accepted Answer

A decrease in the price of the good will cause a leftward shift in the supply curve, as producers will be willing and able to supply less of the good at each possible price. Conversely, options A, B and D (a reduction in resource costs, an increase in technology, and a reduction in the expected future price of the good) will all cause a rightward shift in the supply curve, as producers will be willing and able to supply more of the good at each possible price.

Which of the Following Does NOT Cause a Rightward Shift