$$\text { Leftward shift in supply } + \text { unchanged demand curve } =$$

question 5

True/False

$$\text { Leftward shift in supply } + \text { unchanged demand curve } =$$ higher equilibrium price and smaller equilibrium quantity.

---

Definitions:

Classification

A method of arranging entities in an organized system based on common characteristics or themes.

Partition

The act of dividing something into parts or sections.

Organizational Patterns

The arrangement of ideas, concepts, or information in a structured manner within a text or presentation to enhance understanding and retention.

Employee Orientation

A process for introducing new employees to their job, the company culture, and workplace policies.