Microeconomic supply side factors that shift the supply curve Prices of inputs/factors of production/resources: Each good or service that is produced requires resources (land/labour/capital). The supply curve will shift when the costs of these resources/inputs change.

Microeconomic supply side factors that shift the supply curve Productivity growth: productivity is a measure of the efficiency of production (output/inputs). An increase in productivity means that for a given quantity of resources you can now produce more. An increase in productivity will decrease the cost per unit of production.

Microeconomic supply side factors that shift the supply curve Technological change: new technology will generally increase the productivity of existing resources. This means that a greater volume of goods and services will be able to be produced. The use of new technology will decrease the cost per unit of production.

Microeconomic supply side factors that shift the supply curve Climatic conditions: most goods and services rely upon the nature for the provision of the raw materials ether directly or indirectly. Some agricultural products are heavily dependent upon climatic conditions.

Microeconomic supply side factors that shift the supply curve Rates of company and indirect taxes/levies on producers: higher company or indirect taxes reduce the retained profit of firms so they are likely to decrease supply.

Microeconomic supply side factors that shift the supply curve Level of government assistance such as tax concessions or subsidies: government assistance helps cover some of the cost of production which allows the business to increase supply.