SUPPLY!!!

the main factor that causes a change in supply

besides price, supply can shift due to factors that are known as --

When prices rise, supply levels will also increase. If prices drop, supply will also fall.

When the gov't pays money to businesses, usually to encourage them to produce a certain product..

Businesses pay the gov't, which helps pay for gov't services- but can lead to higher prices for their products

If new technology leads to faster and more efficient production, then ___

If determinants of supply lead to an increased level of production, the supply curve will shift

The cost of production includes the price of resources. If resources become more expensive, what will happen to supply levels?

Which government tool can cause changes in supply levels and force the supply curve to shift? Options: taxes, subsidies, regulations, all of these

If a slight price increase leads to an increase of production, then that supply is considered __