Which of the following will NOT shift the supply curve? Choose all that apply. A. The price of the product is decreased by $20. B. The government decides that the process of making the product is unsafe, so a new and more expensive process has to be adopted. C. A new competitor making the same product enters the marketplace. D. The price of the product is increased by $20. E. The workers at the plant producing the product receive a $5 per hour raise.
Which of the following will NOT shift the supply curve? Choose all that apply. A. The price of the product is decreased by $20. B. The government decides that the process of making the product is unsafe, so a new and more expensive process has to be adopted. C. A new competitor making the same product enters the marketplace. D. The price of the product is increased by $20. E. The workers at the plant producing the product receive a $5 per hour raise.
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter4: Demand, Supply, And Markets
Section: Chapter Questions
Problem 12PAE
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Question
Which of the following will NOT shift the supply curve? Choose all that apply.
| A. |
The
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| B. |
The government decides that the process of making the product is unsafe, so a new and more expensive process has to be adopted.
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| C. |
A new competitor making the same product enters the marketplace.
|
| D. |
The price of the product is increased by $20.
|
| E. |
The workers at the plant producing the product receive a $5 per hour raise.
|
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