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Shift of the curve to the left.
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∙ 12y ago
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What are the basis of an increase or decrease in supply?
demand in supply is the basis of it's increase and decrease
If a company raises its price for holidays over the equilibrium price the demand will decrease the supply?
decrease and the supply will increase.
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.
If the price of resources increases what will happen to supply?
supply will decrease
What would cause a decrease in aggregate supply?
Aggregate supply is the supply of all goods and services within a country. Which of the following would most likely cause a decrease in the aggregate supply
What are the basis of an increase or decrease in supply?
demand in supply is the basis of it's increase and decrease
If a company raises its price for holidays over the equilibrium price the demand will decrease the supply?
decrease and the supply will increase.
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
If the price of resources increases what will happen to supply?
supply will decrease
What would cause a decrease in aggregate supply?
Aggregate supply is the supply of all goods and services within a country. Which of the following would most likely cause a decrease in the aggregate supply
If A decrease in price of a product will result in?
increase in demand and decrease in supply.
What does a decreas in supply mean?
A decrease in supply simply means that the supply is shrinking or has shrunk...
When according to the law of supply and demand when supply increases what else happens?
According to the law of supply and demand when supply increases, prices will decrease.
What determinant of supply causes the supply of beef to decrease when a terrible blizzard destroys the herds of most ranchers in the western U.S?
Decrease
Which direction would the supply curve shift if there was a decrease in supply?
leftward
What does it mean by contract the money supply?
It means to decrease, or lower, the money supply. EXAMPLE: The feds sold treasury bonds and bills in order to contract (decrease) money supply.
