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Comparative statics for demand and supply

2 bytes added, 17:22, 10 February 2014
Effect of contraction of the demand curve
{| class="sortable" border="1"
! Effect on optimal price of contraction of demand curve !! Effect on optimal quantity of expansion contraction of demand curve !! Scenario type
| increases || increases || This is ''not possible'', this follows from mirror-image statement for (decrease, decrease) combination for expansion of demand curve.
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