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When demand shifts left, all else equal, what happens to equilibrium price and quantity? Sketching the graph might help you answer this question.Price S S2

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When demand shifts left, all else equal, what happens to equilibrium price and quantity? Sketching the graph might help you answer this question.Price S S2 P* D2 D Quantity Q * Q N*Equilibrium price rises and equilibrium quantiy falls. Equilibrium price and quantity both fall

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