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The supply curve of that good will increase or move to the right because the cost of production will have decreased.
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∙ 13y ago
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When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
What happens to the supply curve for that good when any effort by government causes the supply of a good to rise?
It shifts to the right.
What is needed to dertermine the equilibrium of a good or service?
by finding where the supply curve and the demand curve intersect
What is needed to determine equilibrium price of a good or a service?
a supply curve and a demand curveA supply curve and a demand curve.
Shown by the intersection of the supply curve and the demand curve?
the equilibrium price of a good or service
When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
When any effort by government cause the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
When any effort by government causes the supply of a good to rise what happens to supply curve for that good?
It shifts to the right.
When any effort by government cause the supply of a good to rise what happens to supply curve for that good?
It shifts to the right.
What happens to the supply curve for that good when any effort by government causes the supply of a good to rise?
It shifts to the right.
What is needed to dertermine the equilibrium of a good or service?
by finding where the supply curve and the demand curve intersect
What is needed to determine equilibrium price of a good or a service?
a supply curve and a demand curveA supply curve and a demand curve.
What is needed to determine the equilibrium price of a good or services?
a supply curve and a demand curveA supply curve and a demand curve.
What is the intersection of the supply curve and the demand curve?
the equilibrium price of a good or service
Shown by the intersection of the supply curve and the demand curve?
the equilibrium price of a good or service
What is the difference between supply function and supply curve?
supply function can be defined as the quantity of a good.
Which of the following is shown by the intersection of the supply curve and the demand curve?
the equilibrium price of a good or service
