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Supply Curve Shift

Demand Constant

Increase in the Price of an I



Costs of producing the good ri

Supply curve shifts leftward

Price

10
9.5
9
8.5
8
Price

7.5
7
6.5
6
5.5
5
4.5
4
3.5
3
2.5
2
1.5
1
0 10 20 30 40 50 60 70
Curve Shifts
nd Constant

he Price of an Input

ducing the good rise.

rve shifts leftward.

Quantity

Supply
Demand
Shifted Supply

60 70 80 90
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y Curve template.
everything except the selected event is held constant.

rve template.

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n your website.

352ef4b3-52a0-4d43-bf89-39d8115da4ae
Arrows



Shift to L
Shift Increment 40
Demand Constant Table
No Event … 0
Increase in the Price of an InputCosts of producing the good rise. -40
Decrease in the Price of an InputCosts of producing the good fall. 40
Increase in Productivity/Technology
Costs of producing the good fall. 40
Increase in the Price of a Substitute
The resources
in Production
are reallocated. More -40
of the substitute is produ
Increase in the Expected FutureLessPrice
ofof
the
the
good
Product
will be offered for sale
-40 today to take advanta
Increase in the Number of Firms Additional
in the Market
firms result in a greater quantity
40 supplied at every
Decrease in the Number of Firms Quiting
in thefirms
Market
result in less quantity supplied
-40 at every price.

CHART DATA
Price Supply Shifted Demand
1 45 5 125
2 55 15 115
3 65 25 105
4 75 35 95
5 85 45 85
6 95 55 75
7 105 65 65
8 115 75 55
9 125 85 45
10 135 95 35

First Intersection
85 5
Second Intersection
65 7
Shift Line
100 10
130 10
Arrow part 1
100 10
105 10.5
Arrow part 2
100 10
105 9.5
Increment
first second
45 0 0
10 0 0
10 0 0
10 0 0
10 5 0
10 0 0
10 0 7
10 0 0
10 0 0
10 0 0
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