Economics 9708 · AS & A Level · Demand and supply curves

Demand and supply curves — practice question

India ranks among the world’s biggest producers of tractors. S1 and D1 represent the original supply and demand curves for tractors in India. What would lead to the supply curve shifting to S2?

  • Aa rise in the incomes of Indian farmers
  • Ba rise in the price of electricity paid by Indian tractor manufacturers
  • Ca rise in the price of tractors produced in the US
  • Da rise in the productivity of workers in Indian tractor factories

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