The Top-Left
Graph illustrates an increase in
supply. The line shifts to the right, the price decreases, and the quantity
increases.
The Bottom-Left
Graph illustrates a decrease in
supply. The line shifts to the left, the price increases, and the quantity
decreases.
The Top-Right
Graph illustrates an increase in
demand. The line shifts to the right and both the price and quantity
increase.
The Bottom-Right
Graph illustrates a decrease in
demand. The line shifts to the left and both the price and quantity
decrease.
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