Which of the Following Is True

question 71

Multiple Choice

Which of the following is true?

• A)If input prices fall, this will lower the costs of production, causing the supply curve to shift to the right.
• B)The expectation of higher prices in the future will increase current supply.
• C)A decrease in the number of suppliers will shift a supply curve upward.
• D)An increase in the price of a good does increases the supply of that good.
• E)None of the above is true.