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The following diagram represents equilibrium price and quantity for a market. Outline four effects of a shift in demand curve to the left.

Answers

- reduction in price from Pe0 to Pe1
- decrease in equilibrium quantity from Qe0 to Qe1
- shift of equilibrium to the left from Eo to E1
- shift in demand curve from DDo to DD1

sharon kalunda answered the question on September 5, 2019 at 09:05

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