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Unformatted text preview: X to the new quantity of 6 units of good X . Change in supply. A change in supply , like a change in demand, is represented by a shift in the supply curve . Figures 2 (a) and 2 (b) illustrate two possible ways in which the supply curve for good X might shift: A leftward shift of the original supply curve, labeled S A , to the new supply curve S B , as depicted in Figure 2 (a), results in a reduced supply of good X at all prices. A rightward shift of the original supply curve S A to the new supply curve S C , as depicted in Figure 2 (b), results in an increased supply of good X at all prices....
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- Fall '10