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when the demand curve shifts still left in the supply curve shifts to the right and that's the only information we have about this change
when the demand curve shifts still left in the supply curve shifts to the right and that's the only information we have about this change we can say that
- The change in price is ambiguous but quantity definitely will fall
- The change in quantity is ambiguous but the price definitely will fall
- The change in quantity is ambiguous but price
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Introductory Econometrics A Modern Approach
Authors: Jeffrey M. Wooldridge
4th edition
978-0324581621, 324581629, 324660545, 978-0324660548
