Causes of Supply Shifts Supply is a powerful force in a free market.
In two to three sentences, explain some of the factors
that cause shifts in supply and what effects these shifts
may have

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

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Explanation:

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

Explanation: this is correct :)

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