Question

Factors that increase supply include: Select all that apply: lower taxes on the cost of goods...

Factors that increase supply include:

Select all that apply:

  • lower taxes on the cost of goods

  • an increase in the number of producers

  • a rise in input costs
  • changes in technology that increase firm costs without increasing productivity
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Answer #1

Lower taxes on the cost of th goods in the market and increase in the number of supplier will increase the supply of the firm at the given cost and that will lead to a shift in the supply curve.

The answer is "A" and "B".

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