deborahhowell67 deborahhowell67
  • 17-07-2020
  • Business
contestada

“how does a change in supply affect the equilibrium price?”

Respuesta :

austinomg123
austinomg123 austinomg123
  • 17-07-2020

Answer:

An increase in supply is illustrated by a rightward shift of the supply curve, and, all other things equal, this will cause the equilibrium price to fall. A decrease in supply is illustrated by a leftward shift of the supply curve - this will cause the equilibrium price to rise.

Explanation:

hi

Answer Link

Otras preguntas

Looking up words in a dictionary will improve reading ________ and vocabulary.
Congress instituted the reconstruction finance corporation to loan money to
Pet anacondas have escaped into the swamps of Florida.Why is that a problem
The principal parts of to bring are bring, brought, brought. True or False
Write a set of three numbers that have a gcf of 13
Many native-born Americans wanted to restrict immigration to the United States in the late 1800s. Which statement does not describe a reason they gave? a. They
Select the equation of the line that passes through the point (2, 6) and is perpendicular to the line x = 4. y = 4 y = 6 x = 6 x = 2
Find the circumference of the circle with a radius of 39 in terms of p. a. 156 b. 39 c. 1521 d. 78
Three ways the scientific community reviews scientific results?
In communication, feedback is a