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Exhibit 4-10 -Refer to the Exhibit.Which of the Following Will Be Caused

Question 42

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Exhibit 4-10
Exhibit 4-10 -Refer to the exhibit.Which of the following will be caused by an increase in the price of baby formula?   A)  a movement from a to b on supply curve S₁  B)  a supply shift from S₂ to S₁  C)  a movement from d to c on supply curve S₂  D)  a supply shift from S₁ to S₂
-Refer to the exhibit.Which of the following will be caused by an increase in the price of baby formula?  


A)  a movement from a to b on supply curve S₁ 
B)  a supply shift from S₂ to S₁ 
C)  a movement from d to c on supply curve S₂ 
D)  a supply shift from S₁ to S₂

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