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When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
What happens to the supply curve for that good when any effort by government causes the supply of a good to rise?
It shifts to the right.
What is needed to dertermine the equilibrium of a good or service?
by finding where the supply curve and the demand curve intersect
When any affort by government causes the supply of a good to rise what happens to that supply curve for that good?
When a government effort causes the supply of a good to rise, the supply curve for that good shifts to the right. This shift indicates an increase in the quantity of the good available at each price level. As a result, this can lead to lower prices for consumers if demand remains constant, as more of the good is available in the market.
What is needed to determine equilibrium price of a good or a service?
a supply curve and a demand curveA supply curve and a demand curve.
When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
When any effort by government cause the supply of a good to rise what happens to supply curve for that good?
It shifts to the right.
When any effort by government cause the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
When any effort by government causes the supply of a good to rise what happens to supply curve for that good?
It shifts to the right.
What happens to the supply curve for that good when any effort by government causes the supply of a good to rise?
It shifts to the right.
What is needed to dertermine the equilibrium of a good or service?
by finding where the supply curve and the demand curve intersect
When any affort by government causes the supply of a good to rise what happens to that supply curve for that good?
When a government effort causes the supply of a good to rise, the supply curve for that good shifts to the right. This shift indicates an increase in the quantity of the good available at each price level. As a result, this can lead to lower prices for consumers if demand remains constant, as more of the good is available in the market.
What is needed to determine equilibrium price of a good or a service?
a supply curve and a demand curveA supply curve and a demand curve.
What is needed to determine the equilibrium price of a good or services?
a supply curve and a demand curveA supply curve and a demand curve.
What does a firm's supply curve for a good indicate?
A firm's supply curve for a good indicates the quantity of that good the firm is willing and able to produce and sell at different prices.
What is the intersection of the supply curve and the demand curve?
the equilibrium price of a good or service
Shown by the intersection of the supply curve and the demand curve?
the equilibrium price of a good or service
