agulani

So you are saying that the lower the price the more the Quantity supplied??? Doesnt make any sense. DO NOT rely on Schweser! You will get royaly screwed! The exam is based off of the CFA Curriculum readings!

If there is not a market for a $10/unit supplier, firms will leave the market. The aggregate supply will drop, but the supply of each firm will increase. When firms enter and exit the market, this does not change the slope of the curve. It will cause a SHIFT in the curve.

Sorry, but you have NO CLUE