Economy, asked by abnisar321, 6 months ago

wht is the effect of a leftword shift of the supply curve of a commodity on its equilibrum price and quantity


Answers

Answered by nancy114
0

Explanation:

A leftward shift of supply would reverse the effects, so the general result is that supply shifts tend to cause equilibrium price and equilibrium quantity to move in opposite directions. What If Supply and Demand Both Shift? Sometimes, the supply and demand curves will both shift at the same time.

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