HeatherMaxwell HeatherMaxwell

20-12-2019
Advanced Placement (AP)

contestada

what happens to price lecel during supply shock

Respuesta :

AdeTolu AdeTolu

21-12-2019

Explanation:

Supply shock occurs as a result of sudden increase or decrease in the supply of goods, commodities and/or services. In the short-run, the effect of supply shock brings about an increase in price level, shifting supply curve to the left.

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