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    Macroeconomics Study Set 43
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    Exam 3: B: Demand, Supply, and Market Equilibrium
  5. Question
    The Development of a New Production Technique That Lowers the Cost
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The Development of a New Production Technique That Lowers the Cost

Question 32

Question 32

True/False

The development of a new production technique that lowers the cost of producing product X will shift the supply curve of product X to the right.

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