Answered

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What would cause the supply curve for carrots to shift to the right?

Sagot :

The price of carrots rises would cause the supply curve for carrots to shift to the right.

A change in demand or supply conditions shifts the demand or supply curve to a new position. Each curve can be shifted right or left. A shift to the right means an increase in demand or supply. This means that at each market price, more quantity is being supplied or demanded.

A shift to the left means a decrease in demand or supply. That means less supply or demand at any price. Four cases of changes in supply and demand are considered because both the demand and supply curves can shift in either direction. These cases are so important and universal that they are often called the "Law of Supply and Demand".

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