Shifts in supply or raise or reduce in supply:

Augment or reduction in supply causes shifts in the supply curve. A shift in the supply curve is due to the modification in other factors that is, other than the price of the commodity. It is illustrated in the figure shown below:

At price OP, SS is the supply curve previous to the modification in other factors. S₁S₁ exhibits a raise in supply since at similar price OP or TE more is provided for sale that is, OT₁. S₂ S₂ exhibits reduce in supply since at similar price OP or TE, less is provided for sale that is, OT₂.

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