mention two causes for the leftward shift of the supply curve.
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Two reasons behind the leftward shift of a supply curve are:
- 1) When price of the substitute goods rises, the supply of the another product falls and the supply curve of the another product shifts leftward.
- 2) When the government impose taxes, cost of production rises and the supply curve shifts leftward.
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THERE YOU GO MATE
Two reasons behind the leftward shift of a supply curve are:
1) When price of the substitute goods rises, the supply of the another product falls and the supply curve of the another product shifts leftward.
2) When the government impose taxes, cost of production rises and the supply curve shifts leftward.
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