The supply curve is likely to shift down and to the left if the cost of the raw materials used to manufacture a product falls.

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Lovepreet Kaur Sidhu · Accepted Answer

Final Answer : False, Explanation :  A decrease in the cost of raw materials would likely cause the supply curve to shift to the right, indicating an increase in supply, as it becomes cheaper for producers to manufacture the product.

The supply curve is likely to shift down and to the left if the cost of the raw materials used to manufacture a product falls.

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