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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.
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 factor will cause the demand curve for labor to shift to the right?
It is something
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
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 factor will cause the demand curve for labor to shift to the right?
It is something
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.
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.
