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Causes of Supply Shifts
Supply is a powerful force in a free market.
In two to three sentences, explain some of the factors
that cause shifts in supply and what effects these shifts
may have

Causes of Supply Shifts Supply is a powerful force in a free market In two to three sentences explain some of the factors that cause shifts in supply and what e class=

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Answer:

Supply curve shift Changes in production cost and related factors can cause an entire supply curve to shift right or left This causes a higher or lower quantity to be supplied at a given price The ceteris paribus assumption Supply curves relate prices and quantities supplied assuming no other factors change

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Explanation:

Answer:

Supply curve shift Changes in production cost and related factors can cause an entire supply curve to shift right or left This causes a higher or lower quantity to be supplied at a given price The ceteris paribus assumption Supply curves relate prices and quantities supplied assuming no other factors change

Explanation: this is correct :)

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