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When Does 'Shift' in Supply Curve Take Place? - Economics

When does 'shift' in supply curve take place?

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Solution

The supply curve shifts when there is a change in the quantity of good supplied, other than the own price of the good. An increase in supply will lead to a forward shift in the supply curve and a decrease in supply will lead to a backward shift in the supply curve.

Concept: Movements Along and Shifts in Supply Curve
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