CIPS Exam L4M5 Topic 4 Question 51 Discussion

Actual exam question for CIPS's L4M5 exam

Question #: 51
Topic #: 4

Which of the following will shift the supply curve to the right?

AChanges in customer taste

BNew disruptive technology

CDecreased market price of substitute products

DIncreased customers' disposable income

Show Suggested Answer

Suggested Answer: B

The following graph shows the factors that shift the supply curve to the left and to the right.

- CIPS study guide page 103

- Principles of Microeconomics 2e, 2017, Open Stax - Rice University.

LO 2, AC 2.2

by Karl at Dec 21, 2023, 08:11 AM

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