No Bull Economics Lessons

Macroeconomics & Microeconomics Concepts You Must Know

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What are the shift factors of supply?

Posted on April 14, 2014 at 5:10 PM

A change in any of the following will cause the supply curve to shift to the right or to the left:

1. Resource prices

2. Alternative output price changes

3. Technology and productivity

4. Number of sellers

5. Expectations of future prices

6. Subsidies to producers

7. Taxes on production

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AP Macroeconomics / AP Microeconomics Unit 1 Basic Economic Concepts

Categories: AP Macroeconomics, Macro Unit 1 Basic Economic Concepts, Micro Unit 1 Basic Economic Concepts

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