Which one of the following could explain a shift to the right of the supply curve for a good?

CA Foundation · Business Economics · MTP · May 2026
Which one of the following could explain a shift to the right of the supply curve for a good?
(A) A. The imposition of a tax on the good
(B) B. A new supplier entering the market
(C) C. A rise in firms' wage costs
(D) D. A rise in the price of the good

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. A new supplier entering the market

Topics: Theory of Demand and Supply

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