Question: can you please explain this in the simplest terms possible But there is increase in quantity supplied, which means as increased demand push the prices
can you please explain this in the simplest terms possible But there is increase in quantity supplied, which means as increased demand push the prices up, we have higher supply at higher prices. This means we have increase in supply due to increase in prices and not due to any other factor.Thus, we do not have shift of supply curve. We have shift of equilibrium along the supply curve
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