Question
Which of the following does NOT shift the supply curve?
A change in technology.
A change in consumer expectations.
A change in producer expectations.
A change in the price of inputs.
A change in technology.
A change in consumer expectations.
A change in producer expectations.
A change in the price of inputs.
Answers
GPT-4o mini
A change in consumer expectations does NOT shift the supply curve.
The supply curve is influenced by factors related to producers, such as technology, producer expectations, and input prices. In contrast, consumer expectations affect demand, not supply.
The supply curve is influenced by factors related to producers, such as technology, producer expectations, and input prices. In contrast, consumer expectations affect demand, not supply.
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