Anything that changes the amount a firm can produce with a given amount of resources will result in a shift of supply curve.

Question

Quizplus · Accepted Answer

Any change in productivity, technology, input costs, or government regulations that affect a firm's ability to produce goods or services will lead to a shift in the supply curve. In essence, changes in anything that affects the firm's ability to convert inputs into outputs will affect its supply curve.

Anything That Changes the Amount a Firm Can Produce with a Given