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unit 1
Supply
Supply curve
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chet singh
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Cards (4)
What does it mean if the supply curve shifts to the right?
There is an
increase
in
supply
- more is provided for
sale
at each
price
What does it mean if the supply curve moves inwards?
There is a
decrease
in supply -
less
will be
supplied
at each
price
What type of shift is being illustrated ?
Outward
What type of shift is being illustrated?
Inward