the price of a graphing calculator drops from $75 to $50. what will happen to the supply calculators? what…
the price of a graphing calculator drops from $75 to $50. what will happen to the supply calculators? what is the reason(supply shifter)? cost of inputs number of producers conditions due to natural disasters or international events change in technology producer expectations changes in government policies no supply shifter
Answer
Brief Explanations:
A change in the price of a good itself does not shift the supply curve. It causes a movement along the supply curve. A supply - shifter is a factor that changes the quantity supplied at every price. Since only the price of the graphing calculator has changed and no other external factor affecting supply has changed, there is no supply shifter.
Answer:
no supply shifter