Question

    A rightward shift in supply curve indicates

    A decrease in supply Correct Answer Incorrect Answer
    B increase in quantity demanded Correct Answer Incorrect Answer
    C increase in supply Correct Answer Incorrect Answer
    D law of variable proportion Correct Answer Incorrect Answer

    Solution

    A shift towards the right in the supply curve indicates that there is an increase in the quantity supplied at the existing price. This may be a result of certain non-price factors that affect the production of the commodity.

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