Which of the following best describes the effect on supply caused by the following shock? Suppose we are looking at the market for college ruled notebooks, and the price of college ruled notebooks decreases? O The supply of college ruled notebooks will decrease, and the supply curve will shift to the right. O The supply of college ruled notebooks will increase, and the supply curve will shift to the right. The supply of college ruled notebooks will decrease, and the supply curve will shift to the left. O There is no effect on supply, but the quantity supplied will decrease,pply caused by the following shock? Suppose we are looking at the market for college ruled notebooks, and the price of college ruled notebooks decreases? O' The supply of college ruled notebooks will decrease, and the supply curve will shift to the right. O The supply of college ruled notebooks will increase, and the supply curve will shift to the right. O The supply of college ruled notebooks will decrease, and the supply curve will shift to the left. O There is no effect on supply, but the quantity supplied will decrease.Economics Choose the supply shifter (or lack thereof) that best ts the statement below. Number of Sellers Expectations Supply is not affected by the shock, but quantityr supplied is. Technological Innovation Taxes and Subsidies Price of Inputs Change in Opportunity Costs |