Question:

Which would not cause the supply curve to shift?

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a change in technology

a change in factor costs

a change in the price of the good

a change in suppliers' expectations of prices

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3 ANSWERS


  1. A change in the price of the good.

    Exam trick question. A change in the price of the good itself causes a 'movement' along the supply curve or demand curve.

    Anything else is a 'shift' in the demand or supply curve.


  2. a change in price

  3. Change in the suppliers expectations of prices.

    This only affects the demand curve, the rest would cause supply to shift

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