
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 32
In Exhibit 11, which of the following might cause a shift from S 1 to S 2 ?
A) A decrease in input prices.
B) An improvement in technology.
C) An increase in input prices.
D) An increase in consumer income.
A) A decrease in input prices.
B) An improvement in technology.
C) An increase in input prices.
D) An increase in consumer income.
Explanation
When supply decreases, equilibrium price...
Economics for Today 9th Edition by Irvin Tucker
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