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Ah yes, got it, you are correct. Thank you. The supply curve is the amount of goods produced at x price. Since x isn't being changed here for sellers, it does
by intended 14y ago
Ah yes, got it, you are correct. Thank you.
The supply curve is the amount of goods produced at x price.
Since x isn't being changed here for sellers, it doesn't move.
The demand curve does move because of the distorting effects of the subsidy/PDS, and then again because of corruption.