When
a Supply Curve shifts to the left [Decrease in Supply]:
o
Cost of Production = Increase
o
Technology = Decrease
o
Taxes = Decrease
o
Subsidies = Decrease
o
Number of Sellers = Decrease
o
Weather = Decrease
When
a Supply Curve shifts to the right [Increase in Supply]:
o
Cost of Production = Decrease
o
Technology = Increase
o
Taxes = Decrease
o
Subsidies = Increase
o
Number or Sellers = Increase
o
Weather = Increase
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