What has seller A experienced based on this evidence? - ProProfs Discuss
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What has seller A experienced based on this evidence?

Yesterday, seller A supplied 400 units of a good X at $10 per unit.Today, seller A supplies the same quantity of units at $5 per unit.

Asked by D.Hadenr, Last updated: Apr 13, 2024

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2 Answers

John Adney

John Adney

John Adney
John Adney

Answered Feb 15, 2017

Increase in demend
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John Smith

John Smith

John Smith
John Smith

Answered Sep 14, 2016

Increase in supply.

The only way sell A could supply 400 units of good X at $10 yesterday and $5 today is for the supply curve to shift rightward.
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