Explain with the help of a diagram, how shifting of the supply curve of a commodity affects its equilibrium price and output.

Kapil
Latest Answer: 1 month ago
In: Commerce

Explain with the help of a diagram, how shifting of the supply curve of a commodity affects its equilibrium price and output.

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1 Answers

Answered By Nikita Chetry
Answer: 1 month ago

shifting of the supply curve of a commodity affects its equilibrium price and output.Now, we understands with the help of diagram given below:The supply curves SS and S’S’ show the effect of an i... Read More

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