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Oscar Espinoza
2 July, 00:46
Three factors that shift the supply curve
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Harper Blair
2 July, 01:36
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Firstly, it can not be due to a change in price.
So:
1. Improvement in technology (allows you to make more in the same amount of time).
2. Increase in capital (more machines/buildings means you can make more supply).
3. Changes with regards to the number of suppliers.
Taxes/subsidies/tariffs, price of other goods and change of recourses are also possible answers.
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