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Exhibit 4-15 Refer to Exhibit 4-15

Question 238

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Exhibit 4-15 Exhibit 4-15 Refer to exhibit 4-15.An increase in the price of baby formula will cause which of the following to occur? A) a movement from a to b on supply curve S<sub>1</sub> B) supply shift from S<sub>2</sub> to S<sub>1</sub> C) a movement from d to c on supply curve S<sub>2</sub> D) supply shift from S<sub>1</sub> to S<sub>2</sub> E) a movement from b to a on supply curve S<sub>1</sub> Refer to exhibit 4-15.An increase in the price of baby formula will cause which of the following to occur?


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

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