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(Figure: Interpreting Supply Shifts 3) When the Supply Shifts from S0

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(Figure: Interpreting Supply Shifts 3) When the supply shifts from S0 to S1 (a leftward shift of the supply curve) , the equilibrium price changes from: (Figure: Interpreting Supply Shifts 3)  When the supply shifts from S<sub>0 </sub>to S<sub>1</sub> (a leftward shift of the supply curve) , the equilibrium price changes from:   A)  $60 to $40. B)  $40 to $60. C)  20 units to 15 units. D)  15 units to 20 units.


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