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Will a technological advance shift the supply or demand curve?
it will shift the supply curve to the right
What is determinants of supply?
It is the factor when they change they cause supply curve to shift to either left or right.
What factor will cause the demand curve for labor to shift to the right?
It is something
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.
What factors cause a shift to the right in the aggregate supply curve?
ask your mom!
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
What is determinants of supply?
It is the factor when they change they cause supply curve to shift to either left or right.
Will a reduction in the number of sellers shift the supply curve to the right?
no
Will technological advances will cause the supply curve to shift to the left or right?
right
What factor will cause the demand curve for labor to shift to the right?
It is something
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.
What factors cause a shift to the right in the aggregate supply curve?
ask your mom!
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 makes the short term aggregate supply curve shift?
Any change in the quantity of any factor of production available will cause a shift.
When the supply curve shifts out to the right and the demand curve shifts out to the right the equilibrium quantity will?
When both the supply curve and demand curve shift to the right, the equilibrium quantity will definitely increase, as more goods are available and more are desired by consumers. However, the effect on the equilibrium price is ambiguous; it may rise, fall, or remain unchanged depending on the relative magnitudes of the shifts in supply and demand. If the supply shift is larger than the demand shift, prices may decrease, and vice versa.
