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Exhibit 4-15 Refer to Exhibit 4-15

Question 223

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Exhibit 4-15 Exhibit 4-15 Refer to exhibit 4-15.The development of more efficient production technologies for baby formula will cause which of the following to happen? A) supply shift from S<sub>1</sub> to S<sub>2</sub> B) movement from a to b on supply curve S<sub>1</sub> C) supply shift from S<sub>2</sub> to S<sub>1</sub> D) movement from c to d on supply curve S<sub>2</sub> E) movement from b to a on supply curve S<sub>1</sub> Refer to exhibit 4-15.The development of more efficient production technologies for baby formula will cause which of the following to happen?


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

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