WAEC Economics 2017 Objective — Question 10
Question 10 of 50 from the West African Examinations Council (WAEC) Economics 2017 Objective paper, with the correct answer and a full explanation.
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A rightward shift in the supply curve of a commodity is brought about by an increase in
- A. A. the level of technologyCorrect
- B. B. the price of the commodity
- C. C. cost of production
- D. D. taxation
Explanation
A rightward shift in the supply curve indicates an increase in supply, which can be due to many factors, one of which is improvement in technology.
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