Economics: Principles, Problems, and Policies, 19th Edition

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

Chapter 3 - Demand, Supply, and Market Equilibrium - Problems - Page 67: 2d

Answer

Change in Supply

Work Step by Step

The supply curve has shifted leftward, and at each price, the quantity supplied has changed to a point that is not on the original supply curve, hence it is a change in supply.
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