SUPPLY CURVE SHIFTS!
Alright everyone! There's a cheat sheet to understanding how and why Supply Curve Shifts happen on graphs!
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The top picture is Figure 1 and the bottom picture is Figure 2 |
Figure 1 Figure 2
- Cost of Production ↑ -Cost of Production ↓
- Technology ↓ -Technology ↑
- Taxes ↑ - Taxes ↓
- Subsidies ↓ - Subsidies ↑
- Number of Sellers ↓ - Number of Sellers ↑
- Weather ↓ - Weather ↑
-JaelyNoTainted
Like Jaelyn (SPACE) Not (SPACE) Tainted
Get it?
- Number of Sellers ↓ - Number of Sellers ↑
- Weather ↓ - Weather ↑
-JaelyNoTainted
Like Jaelyn (SPACE) Not (SPACE) Tainted
Get it?
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