(Figure: Interpreting Supply Shifts 3) When the supply shifts from S₀to S₁ (a leftward shift of the supply curve), the equilibrium price changes from:

Name: (Figure: Interpreting Supply Shifts 3) When the supply shifts from S 0 to S 1 (a leftward shift of the supply curve), the equilibrium price changes from:
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The Answer of (Figure: Interpreting Supply Shifts 3) When the supply shifts from S₀to S₁ (a leftward shift of the supply curve), the equilibrium price changes from:

(Figure: Interpreting Supply Shifts 3) When the Supply Shifts from S0

(Figure: Interpreting Supply Shifts 3) When the Supply Shifts from S₀