whats are the 2 movements included in the law of supply

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01-04-2019
History

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whats are the 2 movements included in the law of supply

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Hallama Hallama · Answer 1 · 2019-04-01T20:59:20+02:00

Hallama Hallama

01-04-2019

If demand increases and supply remains unchanged, then it leads to higher equilibrium price and higher quantity. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and lower quantity.

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