A rightward shift in the supply curve indicates:

Decrease in supply

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An increase in quantity supplied

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An increase in supply

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None of the above

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Solution

The correct option is C An increase in supply
The rightward shift occurs in supply curve when the quantity of supplied commodity increases at same price due to favorable changes in non-price factors of production of the commodity.

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Similar questions

A 10% increase in the price of a good causes a 10% decrease in quantity supplied. The supply curve is a _______.

Group A	Group B
1) Perfectly Elastic Supply	a. Vertical supply curve
2) Stock	b. Horizontal supply curve
3) Increase in supply	c. Potential supply
4) Perfectly Inelastic supply	d. Rightward shift in supply curve
5) $\frac{T C}{T Q}$	e. Leftward shift in
	f. Average cost

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