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

Demand and supply curves — practice question

What might lead to a shift in the supply curve for good X and a movement along that supply curve?

  • Ashift: a change in consumer preferences; movement: an increase in the price of a substitute good
  • Bshift: a decrease in factor productivity; movement: the imposition of a tax on good X
  • Cshift: an increase in the price of a complementary good; movement: an increase in factor productivity
  • Dshift: an increase in the wage rates in the industry; movement: a change in consumer preferences

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