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Molodets [167]
2 years ago
7

________ means the supply curve has shifted to the right, while ________ refers to a movement along a given supply curve in resp

onse to an increase in price.
Business
1 answer:
Flauer [41]2 years ago
5 0

<u>An increase in supply</u><u> means the supply curve has shifted to the right, while </u><u>an increase in quantity supplied </u><u>refers to a movement along a given supply curve in response to an increase in price.</u>

What would shift a supply curve down and to the right?

  • In contrast, a drop in input costs will cause the supply curve to move to the right. Technology.
  • An increase in technology will shift the supply curve to the right. Conversely, a decrease in technology will shift the supply curve to the left.

What does it mean when the supply curve shifts to the right?

  • When demand is constant and supply is increasing, the supply curve moves to the right, creating an intersection where quantity and prices are lower.
  • On the other hand, a negative change in supply causes the curve to move to the left, raising prices and lowering quantity.

Which would cause a shift in the supply curve ?

  • When a change is brought about by a source other than price, the supply curve shifts.

Learn more about supply curve

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There is a fixed cost of $50,000 to start a production process. Once the process has begun, the variable cost per unit is $25. T
dsp73

Answer:

$50,000 + $25x

Explanation:

Given that,

Fixed cost to start a production process = $50,000

Variable cost per unit = $25

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Therefore,

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The total cost function is as follows:

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When a company purchases another company and the purchase price is greater than the fair value of the net assets acquired, this
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Answer:

Goodwill

Explanation:

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