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A rightward shift in the supply curve of a commodity is brought about by an...

Economics
WAEC 2017

A rightward shift in the supply curve of a commodity is brought about by an increase in?

  • A. the level of technology
  • B. the price of the commodity
  • C. cost of production
  • D. taxation
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Correct Answer: Option B
Explanation

A shift towards the right in the supply curve indicates that there is an increase in the quantity supplied at the existing price. 

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