In the long term, the supply curve will also shift out If demand for bitcoin increases, the price will increase. But the Bitcoin protocol issues new bitcoin on a predictable and unchangeable schedule.
Aggregate supply and demand are represented separately by their curves. Aggregate supply is a response to increasing prices that drive firms to utilize more inputs to produce more output.
Aggregate supply and demand are represented separately by their own curves. Aggregate supply is a response to increasing prices that drive firms to utilize more inputs to produce more output.