Question

Which of the following events would shift a supply curve to the left? (1 point)


• The price of the good that the firms produce is expected to fall in the near future.
• Local government increases the taxes that are levied on firms.
O The number of sellers in the market increases.
D.The prices of many inputs are dramatically reduced.

Answer 1

The correct answer is: Local government increases the taxes that are levied on firms.