how-does-a-decrease-in-the-price-of-raw-materials-affect-the-supply-curve-for-a-

Question

How does a decrease in the price of raw materials affect the supply curve for a good?

Accepted Answer

The supply curve shifts to the right.

Answer

The supply curve shifts to the left.

Answer

The supply curve becomes steeper.

Answer

There is no change in the supply curve.