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If the supply curve shifts to the left, it indicates:
  • a)
    An increase in supply
  • b)
    A decrease in supply
  • c)
    An increase in demand
  • d)
    A decrease in demand
Correct answer is option 'B'. Can you explain this answer?
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If the supply curve shifts to the left, it indicates:a)An increase in ...
If the supply curve shifts to the left, it indicates a decrease in supply.
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