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If the cost of input rises what will happen to supply?

there is a shift in the supply curve when the cost of input rises.


What is the purpose of agriculture?

The purpose of agriculture has traditionally and primarily been to meet the demand for agricultural products, mainly food, but also raw materials for fibre manufacture.The basic purpose of agriculture is to shift the ecological balance of nature in favor of humans relative to other species. All species attempt to tip the balance in their favor; humans are no different in this regard. But, humans alone are a willful species. The rightness or legitimacy of agriculture is determined by its purpose, by why humans attempt to tip the ecological balance in their favor, and concurrently, how far they are willing to tip it.


What would happen to a supply and demand graph if the cost of production increases and why?

supply must shift up/left because at every quantity, the price would be higher


What causes a PPC to shift?

Factors that effects PPC shift is:economic growth or disasterincrease or decrease of resourcestechnological changesEconomic growth:sources of economic growth is accumulation of capital and tehnological advances.PPC will shift outwards to the right.Disaster:a shift inwards and to the left.Increase in resources:PPC shift to the rightDecrease in resources @ loss:PPC shift to the left.Improvement in technology :New innovations or improved techniques.PPC shift outwards.


What is a rightward shift of a supply curve?

A rightward shift is an increase in supply.