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.
The balance of trade demonstrates a deficit of Rs 300 crore. The values of exports are Rs 500 crore. Determine the value of imports? Answer: Q : Tax shifting backward totally A tax A tax will be backward-shifted totally when the: (i) demand curve is vertical and the supply curve is slopes up. (ii) demand curve slopes down and the supply curve is vertical. (iii) supply curve is perfectly elastic and the demand cu
A tax will be backward-shifted totally when the: (i) demand curve is vertical and the supply curve is slopes up. (ii) demand curve slopes down and the supply curve is vertical. (iii) supply curve is perfectly elastic and the demand cu
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