Respuesta :
A decrease in the cost of milk, a component used to make ice cream, will increase the available supply.
Write a note on supply curve shifts.
Every price level will experience a change in the amount of a product supplied when the supply curve shifts. A sideward shift in the supply curve is what is meant by this.
Rightward shift: The supply curve for each price level would move to the right if more goods or services were being offered at each price level as a result of other economic considerations besides price.
Leftward shift: If there is a decline in the quantity of a good or service supplied at each price level owing to economic considerations other than price, the supply curve for that good or service would shift to the left.
The quantity of a good supplied and price are correlated, according to the Law of Supply, which states that as the price rises, so will the quantity supplied. The ceteris paribus assumption, which means "all other things held equal" in Latin, underpins this relationship by stating that no other economic variables—aside from the price of the relevant good or service—are changing.
To know more about, shifts in supply curve, visit :
https://brainly.com/question/28426682
#SPJ4
