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A Leftward Shift in the Supply Curve Indicates

Question 93

Multiple Choice

A leftward shift in the supply curve indicates


A) a decrease in the quantity supplied at each price.
B) that an increase in income results in an increase in the quantity demanded at each price.
C) that more is demanded at each price.
D) an increase in the quantity supplied at each price.
E) that more suppliers have entered the industry.

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