If the equilibrium price and quantity of a product were $100 and 1,000 units per month in
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If the equilibrium price and quantity of a product were $100 and 1,000 units per month in 2020 and $150 and 800 units per month in 2021, did this product experience a larger shift in its demand curve or in its supply curve from 2020 to 2021? Briefly explain.
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