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Demand

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Supply and Demand

There are many factors that cause more or less to be supplied in a market. The price of the product is just one of them. Factors other than price can cause supply to increase or fall.

The diagram below shows a supply curve that has "shifted" - once to the left and once to the right. The supply curve shifts because the conditions of supply have changed and, as a result, supply has increased or reduced.

To find out more about these conditions of supply - factors that cause more or less to be supplied - move your mouse pointer over any of the four pictures shown below. Click on a picture to find out more!