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

Question 117

Multiple Choice

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


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

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