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Commerce · Q911

Economics

Graduate and Post Graduate · Commerce · question 911

Q911

Which of the following will shift the supply curve for good X leftward?

A.
A situation in which the quantity demanded exceeds the quantity supplied
B.
An increase in the cost of the machinery to produce X
Answer
C.
A decrease in the wages of workers employed to produce X
D.
A technology improvement in the production of X

Answer: Option B

Solution

Answer: Option B
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