[ syll. may-te, ma-yte ] The baby girl name Mayte is pronounced as M EY-T- â . Mayte has its origins in the Basque language. Mayte is a variant form of the Basque and Spanish Maite. Mayte is also a variant form of the name Maite.Mayte is not popular as a baby girl name. It is not in the top 1000 names. syll. may-te, ma-yte ] The baby girl name Mayte is pronounced as M EY-T- â . Mayte has its origins in the Basque language. Mayte is a variant form of the Basque and Spanish Maite. Mayte is also a variant form of the name Maite.
Supply curve shift: Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price. The ceteris paribus assumption: Supply curves relate prices and quantities supplied assuming no other factors change.
Since a given short-run aggregate supply curve assumes that the rate of change in input prices/costs is constant, the curve will shift if the rate of change in input prices/costs increases or decreases. Input prices/ costs include: The price of labor (wage rate). The price of raw materials.utput. In the short-run, i.e. temporarily, output can differ from the natural level (yf). Thus, short-run equilibrium can occur at a level of output that differs from the natural level. Graphically short-run equilibrium occurs where the aggregate demand curve crosses the short-run aggregate supply curve.