a decrease in supply is represented by an upward movement along the supply curve a downward movement along the supply curve a rightward shift of the supply curve a leftward shift of the supply curve
a decrease in supply is represented by
an upward movement along the supply curve
a downward movement along the supply curve
a rightward shift of the supply curve
a leftward shift of the supply curve
Answer -
Need to find -
a decrease in supply is represented by
Evaluating the options:-
A. an upward movement along the supply curve:- As supply decreases this lead to shift in supply curve left wards.
B.a downward movement along the supply curve:- The supply decreases which lead to shift in supply curve left wards
C.a rightward shift of the supply curve:- The supply decreases which lead to shift in supply curve left wards
D.a leftward shift of the supply curve :- The supply decreases which lead to shift in supply curve left wards
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