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Abnormal supply curve is caused by fall in price

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13y ago

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What causes abnormal demand curve?

Prices falling can cause abnormal demand curve. Any kind of changes to the price, production, etc. can also cause abnormal curves in demand.


What are the Causes of abnormal supply curve?

Prices falling can cause abnormal demand curve. Any kind of changes to the price, production, etc. can also cause abnormal curves in demand.


Do market and supply curves have negative slopes?

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Because of the law of supply supply curves always slope?

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What are the 3 steps for working with demand and supply graphs?

The three steps for working with demand and supply graphs are: Identify the Curves: Determine the demand and supply curves on the graph, ensuring you understand their slopes—demand curves generally slope downwards while supply curves slope upwards. Determine Equilibrium: Find the equilibrium point where the demand and supply curves intersect, indicating the equilibrium price and quantity in the market. Analyze Shifts: Assess any factors that may cause shifts in the demand or supply curves, such as changes in consumer preferences or production costs, and illustrate these shifts on the graph to understand their impact on equilibrium.


In the supply and demand model a negative externality results in?

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