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An economics graph showing demand and supply curves, with supply shifting left, illustrating new equilibrium.

An economics graph showing demand and supply curves, with supply shifting left, illustrating new equilibrium.
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Graph to draw: Price on vertical axis, Quantity on horizontal axis. Draw Demand (D) unchanged. Draw Supply shifting left from S1 to S2. Mark original equilibrium (P1,Q1) and new (P2 > P1, Q2 < Q1). See more

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