Firm Z is one of several firms making televisions. What would lead to firm Z’s supply curve moving to the left while the market supply curve for televisions moves to the right?
- AFirm Z benefits more from advances in technology than the other firms in the industry.
- BFirm Z experiences a strike whilst more firms enter the industry.
- CFirm Z passes on more of a tax to its customers than the other firms in the industry.
- DFirm Z reduces its costs of raw materials whilst other firms in the industry lower their wage costs.