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

Demand and supply curves — practice question

What factors could bring about a shift in the supply curve of good X, and what would cause a movement along the supply curve?

  • Aa change in consumer preferences; an increase in the price of a substitute good
  • Ba decrease in factor productivity; the imposition of a tax on good X
  • Can increase in the price of a complementary good; an increase in factor productivity
  • Dan increase in the wage rates in the industry; a change in consumer preferences

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