Which one of the following will not lead to an increase in the supply of precast concrete walls, illustrated by a rightward shift of the supply curve? A. A decrease in wage rates in the industry. B. A decrease in the price of concrete. C. A decrease in the price of cement. D. An increase in the price of precast concrete walls. E. An improvement in technology pertaining to the manufacture of precast concrete walls

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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Which one of the following will not lead to an increase in the supply of precast concrete walls,
illustrated by a rightward shift of the supply curve?
A. A decrease in wage rates in the industry.
B. A decrease in the price of concrete.
C. A decrease in the price of cement.
D. An increase in the price of precast concrete walls.
E. An improvement in technology pertaining to the manufacture of precast concrete walls

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