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An increase in the marginal cost of production causes

Economics
JAMB 2007
An increase in the marginal cost of production causes
  • A. A downward movement along the supply curve
  • B. A leftward shift of the supply curve
  • C. A rightward shift of the supply curve
  • D. An upward movement along the supply curve
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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