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Sagot :
Explanation:
The supply or demand supports the equilibrium by the phenomenon of the stand point of price and exchange which cause an increase in the equilibrium's price and value.
Answer: A supply curve is a graph that show the number of goods that a producer supply at a certain price at a given point in time. A decrease in supply will cause the equilibrium price to increase. When there is a decrease in supply, the price of the product in the market will increase and the equilibrium price will also increase.
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