Which statement about the law of supply and the outward shift for timber is correct?

Which statement about the law of supply and the outward shift for timber is correct?

• A. Higher price leads to higher quantity supplied.
• B. Outward shift occurs with higher production costs, worse technology.
• C. Outward shift occurs with lower production costs, better technology, or favorable regulations/subsidies.
• D. Supply curve never shifts.

Answer: (C)