Question

2. What does a shift of the supply curve to the right indicate?
(a) extension of supply
(b) construction of supply
(c) increase in supply
(d) decrease in supply​

Answer 1

Answer:

A positive change in supply when demand is constant shifts the supply curve to the right, which results in an intersection that yields lower prices and higher quantity. A negative change in supply shifts the curve to the left, causing prices to rise and the quantity to decrease

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