Quiz: Conditions of Supply (Causes of Supply Shifts)
Pearson Edexcel Level 3 Advanced GCE in Economics A (9EC0)
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Building on what you've learned about shifts in supply and demand, let's test your understanding of the conditions that cause supply shifts!
What does a shift in the supply curve indicate?
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Which of the following factors can cause a shift in supply? (Select all that apply)
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An increase in supply due to improved {{blank0}} often shifts the supply curve to the {{blank1}}.
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Match the items on the left with their correct pairs on the right
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Match the items on the left with their correct pairs on the right
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Which of the following is an example of a supply shift caused by external factors?
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Which of the following government interventions can increase supply? (Select all that apply)
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The imposition of higher {{blank0}} on goods typically reduces supply by increasing {{blank1}}.
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What happens to supply if the cost of raw materials decreases?
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