Explain eight causes of increase in supply with diagram
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Answer:
Factors that cause a shift in supply to the right
More firms.
Improved technology.
Lower tax.
Higher government subsidies.
More firms enter the market.
Explanation:
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Answered by
2
Answer:
A change in the number of sellers in an industry changes the quantity available at each price and thus changes supply. An increase in the number of sellers supplying a good or service shifts the supply curve to the right; a reduction in the number of sellers shifts the supply curve to the left.
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