Because of a change of whatever variable except of the price, that increases the marginal cost of the company.
I could think of a tax per unit of output, a bigger interest rate that increases the fixed costs of renting a machine or whatever...
An increase in labor cost will decrease supply, so the supply curve will shift left.
Shift of the curve to the left.
advaces in tec
It would probably cause the supply curve upwards and shift to the left.
it will shift the supply curve to the right
An increase in labor cost will decrease supply, so the supply curve will shift left.
Shift of the curve to the left.
advaces in tec
advaces in tec
It would probably cause the supply curve upwards and shift to the left.
It is the factor when they change they cause supply curve to shift to either left or right.
it will shift the supply curve to the right
right
just lead to a shift in the supply curve.
Changes in a producer's technology can lead to a SHIFT in the supply curve.
A rightward shift is an increase in supply.
It is the factor when they change they cause supply curve to shift to either left or right.