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The Supply of Index Cards Is Likely to Shift to the Right

Question 130

Multiple Choice

The supply of index cards is likely to shift to the right if:


A) the price of wood pulp used in the production of index cards increases.
B) the technology used in index card production becomes more expensive.
C) the price of index cards increases.
D) the price of its substitute good decreases.
E) the expected future price of index cards is higher than the current price.

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