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What happens to quantity supplied when the supply curve shifts left?

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Question

What happens to quantity supplied when the supply curve shifts left?

Options

  • Increases at same price

  • Decreases at same price

  • Stays unchanged

  • Increases due to price rise

MCQ
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Solution

Decreases at same price

Explanation:

A leftward shift shows producers supplying less at the same price due to negative factors.

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