What are the factors that can cause a shift in the supply curve?

Economics Supply And Demand Questions



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What are the factors that can cause a shift in the supply curve?

There are several factors that can cause a shift in the supply curve. These include changes in production costs, such as wages or raw material prices, changes in technology or productivity, changes in the number of suppliers in the market, changes in government regulations or taxes, and changes in expectations about future prices or market conditions.