A. the level of technology
B. the price of the commodity
C. cost of production
D. taxation
Correct Answer: Option C
C. cost of production
Explanation
Supply curve shift: Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price. The ceteris paribus assumption: Supply curves relate prices and quantities supplied assuming no other factors change.
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