Would you expect a shift in supply to have a greater effect


Problem

1. Would you expect a shift in supply to have a greater effect on equilibrium quantity in the short run or in the long run? Explain your answer.

2. Would a shift in demand have a greater effect on the percentage change in equilibrium quantity for a straight line supply curve that intersects the quantity axis or the price axis?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Business Management: Would you expect a shift in supply to have a greater effect
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