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Q: Will technological advances will cause the supply curve to shift to the left or right?
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Will a technological advance shift the supply or demand curve?

it will shift the supply curve to the right


Which will not cause the supply curve to shift?

A change in price level would cause movement along the demand curve, but would not cause the curve itself to shift.


What are the forces behind the supply curves?

While changes in price result in movement along the supply curve, changes in other relevant factors cause a shift in supply, that is, a shift of the supply curve to the left or right.Such a shift results in a change in quantity supplied for a given price level. If the change causes an increase in the quantity supplied at each price, the supply curve would shift to the right:Supply Curve ShiftThere are several factors that may cause a shift in a good's supply curve. Some supply-shifting factors include:· Prices of other goods - the supply of one good may decrease if the price of another good increases, causing producers to reallocate resources to produce larger quantities of the more profitable good.· Number of sellers - more sellers result in more supply, shifting the supply curve to the right.· Prices of relevant inputs - if the cost of resources used to produce a good increases, sellers will be less inclined to supply the same quantity at a given price, and the supply curve will shift to the left.· Technology - technological advances that increase production efficiency shift the supply curve to the right.· Expectations - if sellers expect prices to increase, they may decrease the quantity currently supplied at a given price in order to be able to supply more when the price increases, resulting in a supply curve shift to the left.


How would a new excise tax effect the supply curve?

It would probably cause the supply curve upwards and shift to the left.


What will cause a movement along a demand curve or along a supply curve?

If the world tilts to the left...


What advances of technology and increased availability for compact disc players .?

the supply curve for Blu-Ray players has shifted right


What will cause a supply curve to shift to the left?

advaces in tec


How might changing technology impact supply in a pizzeria?

Technological advances that increase production efficiency shift the supply curve to the right. So if I work in a pizzeria making pizzas and I get a new oven that can cook 10 pizzas in 10 minutes and my old oven could only cook 5 pizzas in 10 minutes, the supply of pizzas I can produce will increase.


What is the determinents of supply?

It is the factor when they change they cause supply curve to shift to either left or right.


What is difference between individual supply curve and market supply curve?

The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.


Increased government regulations can cause the supply curve to?

Shift down


What will always cause a supply curve to shift to the left?

advaces in tec