Question 53EconomicsWAEC & JAMB
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
Step-by-Step Explanation
Ans: A
A rightward shift in the supply curve of a commodity implies increase in supply and this is brought about by favourable change in factors affectig supply other than price.
Increase in the level of technology is a favouarble factor that can lead to increase in demand.