A rightward shift of a supply curve Select one a represents
A rightward shift of a supply curve Select one: a. represents a decrease in supply O b. might be caused by an increase in demand C. might be caused by a price ceiling O d. would cause an excess quantity supplied at the previous equilibrium price O e. might be caused by a decrease in demand
Solution
Answer is D because more will be supplied at each price when supply shifts rightwards or downwards
