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

Demand and supply curves — practice question

Which changes might bring about a shift in the supply curve for good X, and what might cause movement along that supply curve?

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

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