Answer :
A shift in one of the determinants of the aggregate supply causes a shift of the aggregate supply curve.
There are several determinants of aggregate supply. Some of these determinants are
- Price
- Taxes
- Technology
- Government regulations
A change in any of these factors would cause a a shift in the supply curve. The shift in the curve could be upward or downward. If it is upward it means that it shifted to the right. If it is downward, it shifted to the left.
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