Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
Answer:
Shifts in the supply curve are usually the result of technological advancements that lower production input costs. Technological advancements that increase the efficiency of production will cause a supply curve to shift to the right. Consumers will demand more of the product at lower prices as the cost of production falls.
Answer:
Shifts in a supply curve are usually the result of advances in technology that reduce the input costs of production. Technological advances that improve production efficiency will shift a supply curve to the right. The cost of production goes down, and consumers will demand more of the product at lower prices.
Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.