Question
A decrease in supply means: Answer
a shift to the left of the entire supply curve. moving downward (to the left) along the supply curve with lower prices. less will be demanded at every price. more will be supplied at every price. A decrease in supply means: A decrease in supply means: a shift to the left of the entire supply curve. moving downward (to the left) along the supply curve with lower prices. less will be demanded at every price. more will be supplied at every price. a shift to the left of the entire supply curve. moving downward (to the left) along the supply curve with lower prices. less will be demanded at every price. more will be supplied at every price.
Explanation / Answer
a shift to the left of the entire supply curve.