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How the increase in no. Of firms can affect the supply curve |
Answer» _____Smz na aaye kch to puch skte ho dubara no prblm______ ^_^<br>Better technology leads to a fall in the cost of production. Bcz more can be produced with less additional resources . Accordingly producers are willing to suppy more at the existing price. "This implies a forward shift in suppy curve ".______<br>Increase in no. of firms means increase in supply which leads to rightward shift in the supply curve.<br>There will be rightward shift in the supply curve.<br>Supply inceases that means supply curve shift rightward<br>Supply curve shift rightward when no. of firms increases. | |