• A shift in supply means a change in the quantity supplied at every price. Say we have an initial supply curve for a certain kind of car. Now imagine that the price of steelan important ingredient in manufacturing carsrises so that producing a car becomes more expensive.
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What is Supply Shift?
• A shift in supply means a change in the quantity supplied at every price. Say we have an initial supply curve for a certain kind of car. Now imagine that the price of steel an important ingredient in manufacturing cars rises so that producing a car becomes more expensive.
Explanation:
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