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What are the factors to an actual shift in the supply curve?
Factors which cause an actual shift in the supply curve are described in below:
When prices rise or fall this would contract or extend the quantity supplied besides the supply curve or schedule, nonetheless the following factors, quite than extend or contract the supply curve, cause a real shift to the right as increase into supply or to the left as decrease in supply creating a new supply curve, when this were to occur.
a. Climate and Price of factors of production
b. Resource accessibility
c. Indirect taxes and subsidies
d. Goods into joint supply
e. Expectations of sellers and Technology
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