Shifts in aggregate supply
Shifts in aggregate supply
A shift in aggregate supply moves the whole AS curve to a new position, changing the quantity supplied at every price level. A rightward shift means more can be supplied, while a leftward shift means less can be supplied.
Step-by-step lessons on CIE Intl A Level Economics 4.3.9 causes of a shift in the AS curve in the short run (SRAS) and in the long run (LRAS). Each one builds up to exam-style questions.