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.
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Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Let suppose NDPFC is Rs. 1,000 crores, and NFA is Rs. (--) 5crores, then what will be national income (NNPFC)? Answer: NNPFC = NDPFC+NFA = 1000 + (-5) = Rs. 995 crores.
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