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Homework answers / question archive / Which one of the following would cause a rightward shift of the supply curve? (a) A new tax is imposed on production of goods

Which one of the following would cause a rightward shift of the supply curve? (a) A new tax is imposed on production of goods

Economics

Which one of the following would cause a rightward shift of the supply curve?

(a) A new tax is imposed on production of goods.

(b) Some firms that have been producing goods go out of business.

(c) Firms producing goods find ways of lowering their production costs.

(d) There is an increase in demand for the good.

Option 1

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