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When any effort by government causes the supply of a good to rise, what happens to the supply curve for that good? A) The supply curve is not affected. B) It shifts to the right. C) It shifts to the left.
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When any effort by government causes the supply of a good to rise, what happens to the supply curve for that good?

A) The supply curve is not affected.
B) It shifts to the right.
C) It shifts to the left.
D) It reverses direction.

User Jonathan Buchanan
by
5.2k points

2 Answers

1 vote

Answer:

B) It shifts to the right.

Step-by-step explanation:

User Julina
by
6.0k points
3 votes

The correct answer is letter B

Explanation: If the producer expects the price of the product to increase in the future, he tends to offer less today to make a greater profit in the future. The supply curve is positively sloped, because when the price of the good increases, the quantity offered also increases.

User Dzamo Norton
by
4.8k points
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