The supply curve of a locally-produced good may shift to the right if
The correct answer is D. the price of the commodity increases
One of the law of supply is, as price increases , the quantity demanded also increase due to the positive relationship. Therefore, an increase in price will shift the supply curve to the right.
Previous question Next questionWhat is Exam without Practice? With our customizable CBT practice tests, you’ll be well-prepared and ready to excel in your examsStart Practicing Now
