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Economics (AS & A Level) · Oct / Nov 2024 · Paper 12 · Question 6

9708Demand and supply curves

The graph shows the demand and supply curves for an industry. What would cause a shift in the supply curve from S1 to S2?

  1. Aan increase in the number of firms in the industry
  2. Ban increase in the number of workers employed
  3. Can increase in the productivity of the workforce
  4. Dan increase in the wage rates paid to workers

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Correct answer: D. an increase in the wage rates paid to workers

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