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ae, __ Table 6. Increase in Supply, , , , , , , , , Increase in, ¥ Supply-Forward, in Supply curve, , es from 20 to 30 units of the commodity., Sp. The producer shifts from point A on the, , , , , , , , , , ‘are now Willing to supply 30 units even when own price of the, ite bez10 per unit. Diagrammatically, it implies a forward shift in, sto the right) as from S, to S, in Fig 6. The producer shifts from, | supply curve to point B on the new supply curve., -in Supply, ly may occur due to the following factors:, ‘technology leading to a fall in cost of production, actor prices, causing a fall in cost of production, n the price of a competing product. It prompts the producer to sell, , , , , , , , , , , - of firms in the industry. It causes increase In market supply, , ‘of the commodity remains the same., ‘expectations. It prompts the producers to increase investment., , ximisation to sales maximisation., , the firm from profit ma, lies even when price remains the, , often leads to higher supp, , or grant of subsidy. This induces the, , excise duty), Sag mains the same., , supplies even when price ret, , : the situation of decrease in supply oF backward shift in, , a ee