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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views1 page

    Micro

    Uploaded by

    Simoné M. Luster
    micro

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    MICRO

    09/12/2013

    CHANGES IN SUPPLY INCREASE IN SUPPLY PRICE IS THE SAME BUT


    MORE IS OFFERED FOR SALE.
    The supply curve S1 shifts down to the right to S2so that at the
    current prince more is offered for sale.
    Variables that change supply
    1. Number of Sellers/Producers
    2. Technology
    3. Cost of items needed to make the product
    4. Taxes
    5. Subsides
    6. Weather
    7.Government Contents
    8. Prices of other items producers can make
    9. Sellers expectations
    Price

    25

    20
    8

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