Multiple Choice
FIGURE 3-6
-Refer to Figure 3-6.A shift in the supply curve from S2 to S1 might be caused by
A) a rise in the costs of producing good X.
B) a decrease in the price of X.
C) a decrease in demand for X.
D) an improvement in the technology of producing good X.
E) additional suppliers entering the industry.
Correct Answer:

Verified
Correct Answer:
Verified
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