Conditions through which the supply curve will shift
What are the conditions through which the supply curve will shift?
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Whenever any of such other factors change, then the supply curve will shift:
1) A raise in supply can be symbolized by a shift of the supply curve to right.
2) A reduce in supply can be symbolized by a shift of the supply curve to left.
"In corn market, demand often exceeds supply and supply sometimes exceeds demand." "The price of corn rises and falls in response to changes in supply and demand."
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