Difference between revisions of "Shift in supply"
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Latest revision as of 21:33, 2 June 2020
Shift in supply is when a change in some economic factor related to supply causes a different quantity to be supplied at every price.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Shift in supply. When a change in some economic factor related to supply causes a different quantity to be supplied at every price.
