A decrease in quantity supplied a. results in a movement downward and to the left along a fixed supply curve. b. shifts the supp
ly curve to the right. c. results in a movement upward and to the right along a fixed supply curve. d. shifts the supply curve to the left.
1 answer:
Answer: Option A
Step-by-step explanation:
The supply of a product increases as the price and quantity increases and Otherwise when price and quantity decreases.
The supply curve is a simple curve that increases or decreases on the positive axis.
A decrease in quantity supplied results in a movement downward and to the left along a fixed supply curve.
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