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What does not shift the supply curve of the product A to the right?

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What does not shift the supply curve of the product A to the right?

by Chief of LearnyVerse
(321k points)
in Economics
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What does not shift the supply curve of the product A to the right?A) A rise in the price of AB) An increase in the price of H, a complement in AC) A fall in the price of H, a substitute of a

1 Answer

by Chief of LearnyVerse
(321k points)
0 votes

A rise in the price of A

When demand of a commodity changes due to change in any factor like price of substitute goods, price of complement goods, income of the consumers, tastes and preferences etc. other than the own price of the commodity, it is known as shift in demand. It means that the shift in demand happens because of other factor and not because of the price of own good.


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