Ask Question
24 February, 14:37

Why do rising input costs shift the supply curve to the left?

+5
Answers (1)
  1. 24 February, 17:54
    0
    Supply curve shift: Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price. The ceteris paribus assumption: Supply curves relate prices and quantities supplied assuming no other factors change.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why do rising input costs shift the supply curve to the left? ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers