factors that shift supply curve
DESCRIPTION
its all about factors that shift supply curveTRANSCRIPT
Law of SupplyPresented by
Muhammad Husnain bhayo
Law of supply
When the price of anything increase, its increases quality brought to sale. on the contrary, When the price decrease, less
amount is offered for sale. Other thing are being equal
S.No Item Price Qty Amount1 Mob 1000 100 1000002 Com 2000 200 4000003 Net 2500 300 7500004 Home 3000 400 12000005 Car 4000 500 2000000
Qty/Supplies
0
500000
1000000
1500000
2000000
2500000
S.No 1 2 3 4 5
Amou
nt
Qty/Supplies
Qty/Supplies
Qty/Supplies
Qty/Supplies
Qty/Supplies
1st condition of demand supply
2nd condition of Quantity Supply
S.No Item Price Qty Amount1 Mob 4000 500 20000002 Com 3000 400 12000003 Net 2500 300 7500004 Home 2000 200 4000005 Car 1500 100 150000
Qty/Supplies
0
500000
1000000
1500000
2000000
2500000
S.No 1 2 3 4 5
Qty/Supplies
Qty/Supplies Qty/Supplies Qty/Supplies
Qty/Supplies Qty/Supplies
Cost of production
The cost of production can be change the supply it is because of introduction of better technology in production function
Import and Export
If the imports increase in a country due to any reason, they will increase supply. On the country, export from
the country can reduce the supply in the local economy.
Tax PolicyIf the government increases taxes on production, the supply can be decreased. Similarly, if the tax is increase on profit the supply will decrease due to discouragement of the producer.
MonopoliesIn monopolies only one producer or a single producer have
exclusive right of selling a community.
Seasonal Condition
Seasonal conditions play an important role in case of supply of agriculture goods like decrease in rainfall,
floods, and other natural climates can damage damage crops and the supply of agriculture item may fall.
Means of Transportation
Rails, Roads, Ships, Planes, Water ways, are the means of transport if they are modern in abundance the chance of
increase in supply are increase.
Peace and Order
Political peace and order is must for the development of economic and productive activities. If the investors are cautious
to invest due to sense of insecurity. The production and the supply will be reduce.