Law of Supply

Business & Finance
Tutor: None Selected Time limit: 1 Day

Its important to know the difference between a movement along a supply curve predicted by the Law of Supply and a shift of the whole supply curve or short termed as a shift or change of supply. What are two factors that will change the supply?

Feb 21st, 2015

Movement along the supply curve is only brought about by changes in the price of that commodity under consideration

Changes in supply is brought about by factors like;

a)Changes in technology

b)Low cost of firm inputs

c) Favorable weather conditions for agricultural products

d)Changes in prices of substitutes or compliments in production


please best my answer.I will help you more


Feb 21st, 2015

can you make the answer 300 words?

Feb 21st, 2015

I will if you will best my answer and offer me a good reward.I have already submitted the answer for the demand and supply assignment.I will not mind receiving payment from you.

Thank you

Feb 21st, 2015

I will best your answer and give you something for your time 

Feb 21st, 2015

fine let work on it the soonest possible

Feb 21st, 2015
Price changes and movement along supply curve.docx
Here is the more than 300 worded answer

Best my answer
Thank you


Feb 21st, 2015

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Feb 21st, 2015
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Feb 21st, 2015
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