A rightward shift in the supply curve of a commodity is brought about by an...
ECONOMICS
WAEC 2017
A rightward shift in the supply curve of a commodity is brought about by an increase in?
- A. the level of technology
- B. the price of the commodity
- C. cost of production
- D. taxation
Correct Answer: B. the price of the commodity
Explanation
A shift towards the right in the supply curve indicates that there is an increase in the quantity supplied at the existing price.
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