Normal
I just thought I'd post the corresponding graph:[ATTACH=full]135910[/ATTACH]Simple movement of the supply curve upwards as you've now added X amount (in this graph it's 2 of price) more to the production of each good/service and thus there's less of both producer and consumer surpluses.Aka everyone loses.
I just thought I'd post the corresponding graph:
[ATTACH=full]135910[/ATTACH]
Simple movement of the supply curve upwards as you've now added X amount (in this graph it's 2 of price) more to the production of each good/service and thus there's less of both producer and consumer surpluses.
Aka everyone loses.
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