Shifts in Supply curve- determinates by Yustina Bouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi Created by: Yustina Bouls en-us 2021-04-09 02:18:42 UTC 2024-05-25 14:51:08 UTC hello@padlet.com Website #2 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398395029 This website went into details about this topic as it included information about the change in supply and how this can be represented in the graphs, and the many causes that can lead to a shift in the supply curve.  

The supply is very helpful to indicate the quantity supplied at different prices during a specific period of time, and it can be represented graphically by the curve of supply. The quantity supplied of a decent or administration is the amount sellers will sell at a specific cost during a specific period (with no other changes in the other things).]]> 2021-04-09 02:27:04 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398395029 Introduction yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398396090 Hello and Welcome my name is Yustina Bouls and this is an introduction about the topic that I'm going to be representing on my wall which is "Shifts in Supply curve- determinates". 
It is expected to learn about what happened when the supply curve shifts right or left and how it its affected.]]> 2021-04-09 02:27:30 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398396090 Website #1 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398396634 This website goes into depth about shifting the supply curve. Explain the results that can cause the supply curve to change and that could be a result of technologies and explaining if more efficient or less expensive production process can affect it.

It was stated that there is a list of things that have the effect on the supply curve and have the ability to shift it like:

- Number of sellers.
- Expectations of sellers.
- Price of raw materials
- Technology.
-Other prices.

It also gave an easy example, stating that if there was a new technology and it reduced the cost of gaming console production for manufacturers, that will affect the supply curve and the output of console will increase, meaning that the technological advancement has caused a change in supply.
]]> 2021-04-09 02:27:43 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398396634 Website #3 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398397207 2021-04-09 02:27:57 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398397207 Website #4 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398397542 2021-04-09 02:28:06 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398397542 Video #1 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398400383 This video is very informative as it explains that there is a huge difference between shifting along the supply curve which represents the change in quantity supplied, and shifting the whole supply curve, which represents the shift in supply.  

An increase in supply will lead to a downward shift in the supply curve, causing the quantity supplied to increment. That means that when there is an increase in supply the quantity supplied will go up (as long as the price stays the same). That makes sense especially with the examples given in this video.]]> 2021-04-09 02:29:16 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398400383 Video #2 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398401148 2021-04-09 02:29:36 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398401148 Video #3 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398402551 2021-04-09 02:30:14 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398402551 Video #4 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398402957 In this video it will explain the following points:
- The simultaneous shift in the supply and the demand curves.
-for example: When there is an increase in demand and increase in supply the quantity is going to increase however the price increases when there is an increase in demand but decreases when there is an increase in supply .]]> 2021-04-09 02:30:24 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398402957 Image #1 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398403644 This picture represents an increase in supply. A change that will lead to an increase in the quantity of good or service at each price will lead to shift horizontally to the right in the supply curve.]]> 2021-04-09 02:30:41 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398403644 Image #2 yustinafaragbouls https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398403937 This picture represents a reduction in supply. An event that will cause a reduction in the quantity supplied at each price will lead to a shift in the supply curve horizontally to the left.]]> 2021-04-09 02:30:48 UTC https://padlet.com/yustinafaragbouls/dw1312isttznw2zi/wish/1398403937