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A set of factors that can shift the supply curve are changes in

A set of factors that can shift the supply curve are changes in

  • A.
    weather, price and technology
  • B.
    technology, weather and population
  • C.
    technology, price and taste
  • D.
    population, price and taste
Correct Answer: Option A
Explanation

A change in supply curve maybe caused by a changes in the costs of production, improvements in technology, taxes, subsidies, weather conditions, health of livestock and crops, price of other products, disasters, wars, discoveries of new sources and depletion.