Question

a new technology that reduces the cost of producing shoes would: cause movement along the supply curve for shoes. cause the supply curve for shoes to shift to the left. cause the supply curve for shoes to shift to the right. cause the quantity supplied of shoes to decrease.

Explanation:

When a new technology reduces production cost, producers are more willing and able to supply at each price level. This is a non - price factor affecting supply. A change in non - price factors causes the supply curve to shift. Since producers can supply more at each price, the supply curve shifts to the right.

Answer:

Cause the supply curve for shoes to shift to the right.