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A rightward shift of the supply curve indicates that more is supplied for a given price; a leftward shift of the supply curve indicates that less is supplied for a given price. A rightward shift of the curve is called an increase in supply; a leftward shift is called a decrease in supply.
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  • owner: Martinus - (no access) - ECONOMICS.pdf, p28
  • owner: Manuel - (no access) - Economics - Ellie Tragakes - Second Edition - Cambridge 2012.pdf, p28


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