Question

When does the shift in supply curve take place?​

Answer 1

Answer-A change in supply leads to a shift in the supply curve, which causes an imbalance in the market that is corrected by changing prices and demand. An increase in the change in supply shifts the supply curve to the right, while a decrease in the change in supply shifts the supply curve left.

Answer 2

GREAT QUESTIONS :-P

$\huge \fbox \red{❥ Answer}$

★ The shift the supply curve for goods and services, causing a different quantity to be supplied at any given price, include input prices, natural conditions, changes in technology, and government taxes, regulations, or subsidies.

★ The Changes in the costs of production, improvements in technology, taxes, subsidies, weather conditions, health of livestock and crops, price of other products, disasters, wars, discoveries of new sources and depletion

★ ADDITIONAL INFORMATION

★ We are now aware of the various determinants of supply curves. An alteration of any of these factors has effects on the supply curve. We classified the determinants of supply into two categories- price and factors other than price.

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