Question

A decrease in supply would best be reflected by a change from

Answer 1

When there is a decrease in supply, it would be reflected by a change from Curve A to Curve C.

How are supply decreases reflected?

When supply decreases, it leads to the supply curve shifting to the left to show that there is a lesser quantity available.

In the graph therefore, a decrease in supply would be shown as a shift from Curve A to Curve C or Curve B to Curve A.

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