Exhibit 4-15
-In Exhibit 4-15,when the price is $15,an increase in the quantity supplied from 17 to 24 units can result from all of the following,except:
A) Increase in the number of producers
B) Technological advances
C) An increase in the price of a relevant resource
D) A decrease in the price of an alternative good
E) A decrease in the price of a relevant resource
Correct Answer:
Verified
Q65: Assume that corn and soybeans are alternatives
Q93: A leftward shift of a supply curve
Q103: Larger quantities of any good will be
Q103: Exhibit 4-15 Q109: The market supply curve of a particular Q115: An improvement in technology would shift Q119: If the supply curves for the following Q125: Which of the following would cause an Q129: Recently it has been discovered that lobsters Q140: Which of the following events would increase
A)the demand
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