ECONOMICS
SUPPLY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following would NOT shift the supply curve of dog grooming services to the right?
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Workers at the doggrooming stores become able to groom more dogs per hour than before.
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The price of doggrooming supplies goes up.
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Businesses introducemore efficient washing and drying equipment.
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The number of doggrooming businesses increase.
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Explanation:
Detailed explanation-1: -A change in price does not shift the supply curve.
Detailed explanation-2: -Answer and Explanation: The answer is C. A change in price of the good.
Detailed explanation-3: -Which of the following is most likely to shift the supply curve for pet grooming services leftward? An increase in the cost of pet grooming supplies.
Detailed explanation-4: -Answer and Explanation: The correct answer is C) A rise in the price of X. Any change in the price of the good X would result in movement along the same curve.
There is 1 question to complete.