DETERMINANT OF SUPPLY

the movement from A1 to A3 represent

• decrease in supply

• increases in demand

• contraction

• expansion

what are the factors represent the shift the in curve as shown in the diagram

• decrease in labor wage

• advance technology

• increase price in complementary good

• increases price in subtitute goods

the changes of supply curve from S1 to S2 represent to concept of

• expansion

• contraction

• increases in supply

• decreases in supply

what are the factors that influence the changes in quantities suppy as shown in the diagram

• price factor

• increases in subsidies

• technology advance

• non price factor

government give subsidies to the supplier of sugar.

This will change the supply curve of sugar to

• rightward

• leftward

• downward

• upward