Which of the following events would shift the supply of smar

Which of the following events would shift the supply of smartphones to the right? a decrease in the price of smartphones a decrease in the price of inputs used to produce smartphones an increase in the expected future price of smartphones All of the above.

Solution

An decrease in the price of inputs used to produce smartphones will shift the suppky curve to the right due to which price falls and quantity demanded increases.

if the cost of resources used to produce a good decreases, sellers will be more inclined to supply the same quantity at a given price, and the supply curve will shift to the right.