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Which way will an increase in labor cost shift the supply curve?
An increase in labor cost will decrease supply, so the supply curve will shift left.
A decrease in supply is represented by?
Shift of the curve to the left.
What will always cause a supply curve to shift to the left?
advaces in tec
How would a new excise tax effect the supply curve?
It would probably cause the supply curve upwards and shift to the left.
Will a technological advance shift the supply or demand curve?
it will shift the supply curve to the right
Which way will an increase in labor cost shift the supply curve?
An increase in labor cost will decrease supply, so the supply curve will shift left.
A decrease in supply is represented by?
Shift of the curve to the left.
What will cause a supply curve to shift to the left?
advaces in tec
What will always cause a supply curve to shift to the left?
advaces in tec
How would a new excise tax effect the supply curve?
It would probably cause the supply curve upwards and shift to the left.
What is the determinents of supply?
It is the factor when they change they cause supply curve to shift to either left or right.
Will a technological advance shift the supply or demand curve?
it will shift the supply curve to the right
Will technological advances will cause the supply curve to shift to the left or right?
right
Does a change in producers' technology lead to a movement along the supply curve or shift in the supply curve?
just lead to a shift in the supply curve.
Does a change in producers' technology lead to a movement along the supply curve or a shift in the supply curve?
Changes in a producer's technology can lead to a SHIFT in the supply curve.
What is a rightward shift of a supply curve?
A rightward shift is an increase in supply.
What is determinants of supply?
It is the factor when they change they cause supply curve to shift to either left or right.
