Which of the following would cause a supply curve to shift to the left? A. The cost of resources needed to produce a good increases. B. The government lowers taxes on the import of a good. C. The technology used to produce a good improves. D. The number of sellers of a particular good increases.

Which of the following would cause a supply curve to shift to the left? A. The cost of resources needed to produce a good increases. B. The government lowers taxes on the import of a good. C. The technology used to produce a good improves. D. The number of sellers of a particular good increases.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter3: Supply And Demand: Theory

Section: Chapter Questions

Problem 3WNG

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Question

Which of the following would cause a supply curve to shift to the left?
A. The cost of resources needed to produce a good increases.
B. The government lowers taxes on the import of a good.
C. The technology used to produce a good improves.
D. The number of sellers of a particular good increases.

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