Question

effects of leftward shift of supply curve ​

Answer 1

Explanation:

This leftward shift in the supply curve will show a movement up the demand curve, resulting in an increase in the equilibrium price of oil and a decrease in the equilibrium quantity. Increased insulation will decrease the demand for heating.

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Answer 2

Answer:

The leftward shift of supply curve will show a movement up the demand curve , resulting in an increase in the equilibrium price of oil and a decrease in the equilibrium quantity. Increased insulation will decrease the demand of heating.

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