Suppose the demand curve for desktop computers shifts leftward and at the same time supply curve moves rightward. What could cause the shifts?

Q: Which of the following will NOT shift the supply curve? Choose all that apply.    A. The price of…

A: Supply Curve: - supply curve is the graphical way of showing the relationship between the quantity…

Q: In what direction does the supply curve shift when technology is improved? Draw this curve.

A: Technology is an important determinant of supply. When technology is discovered, it reduces many of…

Q: Which of the following graphs shows what will happen to the supply curve for luxury SUVs, if…

A: Supply Curve: It is the graphical object showing the relationship between the price of a good and…

Q: n sellers expect the price of bricks to rise in the future, today in the market for bricks A the…

A: If the Seller is expecting that the Price of Bricks is raised in the future, then he will decrease…

Q: The following calculator shows the supply curve for sedans in an imaginary market. Assume that all…

A: A market is a place where buyers and sellers meet in order to exchange goods and services for money…

Q: when there is an increase in the cost of producing a good or service this will cause the supply…

A: Supply of a commodity is the relation between the price of the commodity and the willingness of the…

Q: Which of the following situations will cause for an outward shift in supply? a. There is a rise in…

A: The quantity of a commodity that providers are willing to manufacture and sell at various prices…

Q: According to Case, Fair and Oster what are the factors that will shift the demand curve and the…

A: Law of demand states that there is a negative relation between price of a good and its quantity…

Q: What is the difference between movement along the demand and supply curve due to a change in price…

A: A shift in the demand curve is defined when there is a change in demand; when the price of quantity…

Q: Explain why a supply curve slopes upward

A: supply is defined as the quantity of goods that the producers decide to sell in the market at any…

Q: What happens in the graph when the price of bottled water rises? What happens when the price of…

A: The given graph shows the supply curve of bottled water in the market. It is an upward sloping curve…

Q: Write the equation for the 45 degree line starting at zero. Is this line above or below the supply…

A: A line that shows fairness between the variable estimated on the upward pivot of a graph and the…

Q: For each stock in the stock market, the number of shares sold daily equals the number of shares…

A: At any given time of the stock trading session, both the prospective buyers and sellers will be…

Q: Agis Homes is one of the largest builders of new homes in the U.S. As the economist for Agis Homes,…

A: The market is a place where the buyer and sellers are involved in a transaction which would cause…

Q: What are five things that will shift a supply curve to the right?

A: Five things that will shift a supply curve to the right are as follows 1.Increase in technology…

Q: DRAW THE SUPPLY CURVE. NOW SHOW WHAT HAPPENS WHEN THE PRODUCT PRICE IS RAISED-

A: Price and quantity supplied has a direct relationship.

Q: Assume that there is an increase in the price of a substitute in production.  This would cause the…

A: Substitutes in production are two or more items which can be manufactured using the same resources.…

Q: Determinants of supply What causes the supply curve to shift left or right? This could include,…

A: Determinants of supply refer to those factors that are responsible for the change in supply curves…

Q: Using the graph above, answer the following questions: • What is happening to the supply curve? •…

A: Supply shock is situation where there is sudden increase or decrease in availability of goods more…

Q: why does the supply curve shift

A: In the event that costs fall, more can be delivered, and the supply curve will move to one side. Any…

Q: What happens to the supply of Smartphones as technological advancement takes place?

A: The supply depends upon the price level in the economy. When the price level is higher, the…

Q: Define Shifts in supply. ?

A: Supply refers to the amount of the goods or services in the economy that are available for purchase…

Q: The cost of production of a good can increase, which will cause profits to decrease. Will it cause…

A: If the cost of production rises, then the supplier will face increasing costs for every unit of…

Q: Which of the following is NOT held constant while moving along a supply curve?A) prices of resources…

A: Supply refers to the number of goods and services that the producers or the firms are willing to…

Q: Bangladesh government places a Quota on imported clothing from India. What happens to the supply of…

A: Quotas: It is a restriction on trade which has been allowed by the government to control the value…

Q: If the price of petroleum is rising, we can expect both the supply curve and demand curve to shift…

A: The price of petroleum is rising, as a result of this, due to the law of demand and law of supply,…

Q: Which of the following best describes what happens when you move along the supply curve? Quantity…

A: The supply curve is the one that graphically shows the positive or direct relationship between the…

Q: Increase in the number of firms will shift the supply curve to the....?

A: Supply curve- It shows the supply of quantity at each price.

Q: Which of the following are determinants of supply ? Select one: a. the price of related goods b.…

A: [Since more than 1 question are posted, only 1st one is answered as per answering policy]…

Q: What happens to the price and quantity when the supply curve is perfectly inelastic, and the demand…

A: Elasticity of supply is defined as type responsiveness of the quantity supplied when price of the…

Q: Which of the following most appropriately illustrates the law of supply? Select one: a. corporation…

A: Supply for a good refers to the quantity of the good which the producers are willing to produce at a…

Q: Use the supply and demand model to predict how each of the following events would affect the auto…

A: Demand and supply intersect each other and reaches at the point of equilibrium which determines the…

Q: The supply Curve will shift _________ if the price of the raw material rises

A: The prices of raw material has a direct impact on the cost of production of the firm and thus it…

Q: When asked for investment advise, humorist Will Rogers joked that people should "buy land. They…

A: A person pronounces that there is a shortage of land in the market. Since, the quantity demand for…

Q: Define Shifts in both demand and supply?

A: A shift during a demand or supply curve occurs when a good's quantity demanded or supplied changes…

Q: Which of the following will not shift a supply curve?

A: Supply curve is the curve which shows the relationship between quantity supplied and the price. It…

Q: What components will cause a Shift in the Supply curve? What happens if a market is out of…

A: A supply curve is a graphical representation of the relationship between the price and quantity…

Q: Consider the market supply of donuts. Complete the following table by indicating whether an event…

A: Supply curve shows a positive relationship between price and quantity demanded. It slopes upward.

Q: Consider the market for minivans. For each of the events listed here, identify which of the…

A: Hey, Thank you for the question. According to our policy we can only answer 3 subparts per question.…

Q: In what direction will the supply curve shift if the prices of the raw materials needed to produce…

A: The positive relationship between the supply and the price of a commodity is depicted on a supply…