This statement is WRONG.
The supply curve is an upward-sloping function that determines the relationship between price and quantity supplied. Therefore, if the quantity supplied changes, this would trigger <u>a movement along the curve (and not a shift!). </u>
- An increase in the quantity supplied corresponds to an increase in the selling price of the product. Producers are willing to supply larger quantities when the price is higher. This proves why the slope of the curve is positive.
- On the contrary, a decrease in the quantity supplied corresponds to a decrease in the price.
By birth? i think? do you mean like how did they get in a certain caste? because then it would be by birth. but if you mean like what were the castes, i forget.
Tech goods and services
Teens are at the center of a massive turf war that's roiling the tech industry. some of the reasons why teens are the defining force in tech-related goods and services is because they,teen have not developed brand loyalty, and also because they are gate keepers to modern trends.
