Which of the following does NOT cause the supply curve for watches to shift to the right?

Multiple choice question for Market. Select an option, then review the explanation below.

Show Answers

Improvement in the manufacturing technology for watchesA rise in the selling price of watchesAll the listed factors lead to an increase in watch supplyA reduction in wages paid to workers producing watches

Explanation

Supply shifts to the right when production becomes cheaper or more efficient, such as through better technology or lower wages. However, an increase in the price of watches affects the quantity supplied along the curve but does not shift the supply curve itself.

Practice related questions from the same subject.

1.Broadcasting firms use satellite TV subscriptions and signal detection tools primarily to combat which issue?
2.Which of the following is a classic example of a public good?
3.Which of the following factors can lead to market failure?
4.When a neighbor burns yard debris and smoke enters your home, what type of externality does this represent?
5.Why is a competitive equilibrium considered Pareto efficient?

Which of the following does NOT cause the supply curve for watches to shift to the right?

Explanation

More Market MCQs