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English: (a) Higher labor compensation causes a leftward shift in the supply curve, a decrease in the equilibrium quantity, and an increase in the equilibrium price. (b) A change in tastes away from Postal Services causes a leftward shift in the demand curve, a decrease in the equilibrium quantity, and a decrease in the equilibrium price.
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Source https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C03_029.jpg)
Author OpenStax College

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18 December 2013

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current02:45, 19 September 2017Thumbnail for version as of 02:45, 19 September 2017780 × 397 (649 KB)Dave BraunschweigUser created page with UploadWizard

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