The supply curve would probably shift to the right if:

A. Resource( factors of production) used in production became more costly

B. The technology of production improves

C. Consumers income increased

D. Some sellers left the market

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Rational economic behavior on the part of the consumer means that he will:
  2. The total revenue curve for monopolist is the shape of:
  3. Total variable cost curve:
  4. If the demand curve is inelastic then:
  5. In cournot model, during the process of adjustment, the number of firms:
  6. The real income of a consumer is income in terms of:
  7. MC = MR = AC = AR shows the long run equilibrium position of the:
  8. The monopolist firm is price setter. The price setter firm is one which:
  9. The market demand for any commodity is the:
  10. Under competitive conditions, the industry will be in equilibrium:
  11. When at a given price, the quantity supplied of a commodity is more than the quantity demanded, there…
  12. Consumers are likely to get a variety of similar goods under:
  13. Which form of market structure is characterized by interdependence in decision-making as between the…
  14. In the real world, some competitive firms owns specialized resources that earn a return called:
  15. In the long run:
  16. The slope of the iso-cost line (budget line) is determined by:
  17. The proportional demand curve in monopolistic competition (also in kinked demand curve model), is like…
  18. The main contribution of David Ricardo is in the field of:
  19. The monopolist often lead to exploitation of:
  20. Elasticity of demand is equal to unity while marginal revenue is:
  21. Law of variable proportions is based on the assumption of:
  22. Equilibrium of a firm represents maximization of profits as well as:
  23. Government planners play a central role in allocating resources:
  24. Marginal utility is only meant for:
  25. Diseconomies of management lead to:
  26. A firm enjoys maximum control over the price of its product under:
  27. A monopoly producer has:
  28. The reaction curve of a firm is attained by joining the:
  29. When the slope of a demand curve is zero (also known as vertical demand curve) then elasticity will…
  30. Ordinal approach includes arranging: