Economics
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Boundless Economics
Introducing Supply and Demand
Supply
Economics Textbooks Boundless Economics Introducing Supply and Demand Supply
Economics Textbooks Boundless Economics Introducing Supply and Demand
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 7
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Determinants of Supply

Determinants of Supply

Determinants of Supply

If the price of a good changes, there will be movement along the supply curve. However, the supply curve itself may shift outward or inward in response to non-price related factors that affect the supply of a good, such as technological advances or increased cost of materials.

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    http://upload.wikimedia.org/wikipedia/commons/c/c6/Fig5_Supply_and_demand_curves.jpg CC BY-SA.

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