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Figure: Interpreting Supply Shifts 3) When the supply shifts from S 0 to S 1 (a leftward shift of the supply curve), the equilibrium price
Figure: Interpreting Supply Shifts 3) When the supply shifts fromS0toS1(a leftward shift of the supply curve), the equilibrium price changes from:
Question 4 options:
$40 to $60.
20 units to 15 units.
15 units to 20 units
$60 to $40.
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