Firm Z is one of a number of firms producing televisions.
What would cause firm Z’s supply curve to shift to the left whilst the market supply curve for televisions shifts to the right?
1 )
Firm Z benefits more from advances in technology than the other firms in the industry.
Firm Z experiences a strike whilst more firms enter the industry.
3 )
Firm Z passes on more of a tax to its customers than the other firms in the industry.
4 )
Firm Z reduces its costs of raw materials whilst other firms in the industry lower their wage costs.
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