Question

Which of the following does not cause an increase in supply?

Answer 1

Answer:

An increase in supply is illustrated by a shift of the supply curve to the right.

An increase in supply can be caused by an increase in the number of producers.

A decrease in the costs of production.

Answer 2

Explanation:

the increase in demand results in a higher price and a movement along the supply curve, but the high price does not cause a second shift in the demand curve.