Shift in Supply Curve

Any change in the cost of resources used to make a good will affect the supply of the good is...

• Change in Cost of Resources

• Change in the Price of Other Goods

• Change of Technology

• Change in Producer Expectations

What is not a determinants of supply?

• Producer expectations

• Change in Technology

• Change in Consumer Taste

• Change in the Number of Suppliers

Any change that affects producer expectations about profitability can affect market supply is...

• Change in the Number of Suppliers

• Change in Producer Expectations

• Change in Cost of Resources

• Change in Technology

Most resources have alternate uses

• True

• False

Technology improves so making a product is easier which lowers the cost of producing goods is...

• Change in Technology

• Change in Cost of Resources

• Change in Producer Expectations

• Change in the Number of Suppliers

A change in price, other things constant...

• Movement Along a Supply Curve

• Shift of Supply Curve

A change in one of the determinants of supply of other than the price is...

• Shift of Supply Curve

• Movement of Supply Curve

Any change in market environment can affect the number of suppliers in that market is...

• Change in Producer Expectations

• Change in the Number of Suppliers

• Change in Cost of Resources

• Change in the Price of Other Goods