Supply curve

Cards (4)

  • What does it mean if the supply curve shifts to the right?
    There is an increase in supply - more is provided for sale at each price
  • What does it mean if the supply curve moves inwards?
    There is a decrease in supply - less will be supplied at each price
  • What type of shift is being illustrated ?
    Outward
  • What type of shift is being illustrated?
    Inward