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A More Efficient Means of Processing Tree Bark to Produce

Question 12

Multiple Choice

A more efficient means of processing tree bark to produce an anticancer drug is discovered. How does this affect the supply curve for the drug?


A) It will shift to the right, increasing the price of the drug.
B) It will shift to the left, increasing the price of the drug.
C) It will shift to the left, decreasing the price of the drug.
D) It will shift to the right, decreasing the price of the drug.

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