Question
Which of the following does NOT shift the supply curve?
A change in consumer expectations.
A change in technology.
A change in the price of inputs.
A change in producer expectations.
A change in consumer expectations.
A change in technology.
A change in the price of inputs.
A change in producer expectations.
Answers
GPT-4o mini
The factor that does NOT shift the supply curve is:
**A change in consumer expectations.**
Changes in consumer expectations primarily affect the demand curve, not the supply curve. The other options—changes in technology, changes in the price of inputs, and changes in producer expectations—are all factors that can shift the supply curve.
**A change in consumer expectations.**
Changes in consumer expectations primarily affect the demand curve, not the supply curve. The other options—changes in technology, changes in the price of inputs, and changes in producer expectations—are all factors that can shift the supply curve.
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