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Q: What is the difference between contraction and decrease in supply?
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What is contraction of supply?

A contraction of supply is a movement of the supply curve to the left.


Difference between change in supply and change in quantity supply?

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What is the Difference between supply voltage and input voltage?

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What is difference between individual supply curve and market supply curve?

The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.


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supply function can be defined as the quantity of a good.


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demand in supply is the basis of it's increase and decrease


What were the difference between the north and south supply lines?

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What is the difference between individual supply and market supply?

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If a company raises its price for holidays over the equilibrium price the demand will decrease the supply?

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How is the law of supply similar to the law of demand?

If the demand for a commodity increases, but the supply does not increase equally, the price will increase. If the supply of a commodity increases, but the demand for that commodity does not increase equally, the price will decrease. If the demand for a commodity decreases, but the supply does not decrease equally, the price will decrease. If the supply of a commodity decreases, but the demand does not decrease equally, the price will increase.


How does the law of supply and demand increase and decrease in supply?

ty