Question

Name some factors that can cause a shift in the

supply curve in markets for goods and services.

Short answer

When a change in some economic factor other than price causes a different quantity to be supplied at every price.

Step-by-step solution

Step 1:change in production cost and input prices can shift the supply curve.

Change in production cost and related factors shift the entire supply curve from right to left or vice- versa.

:natural conditions....natural calamities like drought, floods,etc.also affect the supply curve of market goods and services.

a drought decrease the supply of agricultural goods at a given price,a lower quantity of goods will be supplied.

Step 3:Government policies also affect the shiting of supply curve in market

government policies like taxes ,subsidiesand regulations also affect the cost of production and supply curve.