Which of the following events would shift a supply curve to the left?(1 point) Responses Local government increases the taxes that are levied on firms. Local government increases the taxes that are levied on firms. The number of sellers in the market increases. The number of sellers in the market increases. The prices of many inputs are dramatically reduced. The prices of many inputs are dramatically reduced. The price of the good that the firms produce is expected to fall in the near future.
The correct answer is:
- The prices of many inputs are dramatically reduced.
- The price of the good that the firms produce is expected to fall in the near future.