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Question
a baker increase the number of loaves of bread he makes each day from $1 to $3. what is reason for the shift? cost of inputs number of producers conditions due to natural disasters or international events changes in technology producer expectations changes in government policies no supply shift
The change described is a movement along the supply - curve (an increase in quantity supplied due to a price increase from $1 to $3), not a shift of the supply curve. A shift in supply is caused by non - price factors such as cost of inputs, number of producers, etc. Since this is just a response to a price change, there is no supply shift.
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no supply shift