Question: 1a. Compare the difference between Change in Supplyand Change in Quantity Supplied. Discuss the causes and shape of curve. 1b. At what price does Shortage
1a. Compare the difference between "Change in Supply"and" Change in Quantity Supplied". Discuss the causes and shape of curve.
1b. At what price does Shortage and Surplus occur ? Once a market has shortage and Surplus, then what happens to the market price?
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