Responses
The price of a good or service is expected to rise in the future.
The price of a good or service is expected to rise in the future.
The input costs for a good or service decrease.
The input costs for a good or service decrease.
The price of a substitute in production increases.
The price of a substitute in production increases.
Sellers leave the market.
1 answer
The option that would result in a shift to the right in the supply curve is:
The input costs for a good or service decrease.
When input costs decrease, producers can supply more at each price level, resulting in an increase in supply which is represented by a rightward shift of the supply curve.
