Economics B A-Level
Shift of the supply curve
What Shift of the supply curve means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Shift of the supply curve
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Reference: Pearson Edexcel
Occurs when a non-price determinant of supply changes, such as production costs, technology, or government taxes and subsidies.
Topics that use Shift of the supply curve
- Supply (Pearson Edexcel A-Level)
Related terms
- Ceteris paribus
- Contraction
- Ethical production
- Extension
- Movement along a supply curve
- Profit maximisation
- Sales maximisation
- Supply curve
Using Shift of the supply curve in the exam
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