these other determinants changes,
clearance true religion jeans, the demand curve event shifts the supply curve or the demand curve (or
shifts. both). Second,
true religion joey, we decide which direction the curve
shifts. Third, we compare the new equilibrium with the
N The supply curve shows how the quantity of a good
old equilibrium.
supplied depends on the price. According to the law of
N
supply, as the price of a good rises,
Herve Leger High Neck Minidress black sale, the quantity In market economies,
Herve Leger High Neck Minidress black, prices are the signals that guide
supplied rises. Therefore,
police shades, the supply curve slopes economic decisions and thereby allocate scarce
upward. resources. For every good in the economy, the price