Answer the two questions relating to supply and the law of supply. A shift in the supply curve can be caused by a shift in demand. a change in one of the determinants of supply. a change in the price of a good. a change in buyers' incomes. If the price of a kayak increases, sellers offer fewer kayaks for sale. the supply of kayaks increases. sellers offer more kayaks for sale. the supply of kayaks decreases.

Respuesta :

Answer: 1. a change in one of the determinants of supply

2. sellers offer more kayaks for sale.

Explanation:

1. Supply refers to the amount of goods or services that a seller is willing to sell at a given price and time. A shift in the supply curve can be caused by a change in one of the determinants of supply. e.g. number of sellers in the market or price of input.

When there's a change in one of these factors e.g let's say there's an increase in the number of sellers of a good on the market, this will lead to a shift in the supply curve to the right as there'll be more goods to be sold.

2. When the price of kayak increases, the sellers will offer more kayaks for sale. This follows the law of supply which explains that when price increases, the quantity supplied will increase as well.