Reasons for the shift of supply curve to the left.

Reasons for the shift of supply curve to the left.

  1. Increase in the cost of production
  2. Shortage of factors of production
  3. Decrease in the levels of technology
  4. Unfavourable government policies such as an increase in tax
  5. Future expectation of an increase in price
  6. Unfavourable natural factors e.g. floods
  7. Wrong timing. E.g agricultural products are only available during certain times.
  8. Withdrawal of firms from the industry

width= Virus-free.www.avast.com

Print Friendly, PDF & Email
Post Views: 19
Tell your friends about this content:

Related posts:

  1. KCSE ENGLISH GRAMMAR AND LITERATURE NOTES
  2. DEVELOPMENT OF AGRICULTURE NOTES
  3. AFRICAN MORAL AND CULTURAL VALUES
  4. DEVELOPMENT OF INDUSTRY NOTES
  5. LESSON THREE: CHRISTIAN VIEW ON ISSUES RELATED TO SCIENCE AND TECHNOLOGY.
  6. CO-OPERATION IN AFRICA NOTES
  7. CO-OPERATION IN AFRICA NOTES
  8. POLITICAL DEVELOPMENTS AND THE STRUGGLE FOR INDEPENDENCE IN KENYA (1919 – 1963) NOTES
  9. THE FORMATION STRUCTURE AND FUNCTIONS OF THE GOVERNMENT OF KENYA NOTES
  10. ESTABLISHMENT OF COLONIAL RULE IN KENYA NOTES
  11. CHRISTIANS APPROACHES TO WEALTH, MONEY AND POVERTY
  12. Explain five factors that would account for a shift in the supply curve to the left
  13. APPROACHES TO LAW, ORDER AND JUSTICE
  14. CHRISTIAN APPROACHES TO HUMAN SEXUALITY,MARRIAGE AND FAMILY
  15. Causes of Disunity in the Early Church
  16. Factors that may cause an increase in demand for a commodity and other business paper 1 questions and answers.
  17. INTERNATIONAL RELATIONS NOTES
  18. SOCIAL AND ECONOMIC DEVELOPMENTS DURING THE COLONIAL PERIOD IN KENYA NOTES
  19. THE ELECTORAL PROCESS AND FUNCTIONS OF GOVERNMENTS IN OTHER PARTS OF THE WORLD.
  20. DEVOLVED GOVERNMENT NOTES
  21. URBANIZATION NOTES
  22. CRE Standard 8 Notes
  23. PARLIAMENTARY SUPRIMACY (POWER) NOTES
  24. EUROPEAN INVASION OF AFRICAN AND THE PROCESS OF COLONIALISATION NOTES
  25. PUBLIC REVENUE AND EXPENDITURE IN KENYA NOTES
Leave a Reply 0