As price increases, additional suppliers are willing to produce a commodity.
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Q27: Supply can shift due to changes in
Q28: An increase in consumer income will shift
Q29: Cost-reducing technological advancements allow suppliers to earn
Q30: The more firms that are attracted to
Q31: If the price of hamburger rises, we
Q33: Changes in the size of an industry
Q34: A supply curve slopes upward because quantity
Q35: Consumer income changes can shift market demand.
Q36: When people suddenly want to buy something,
Q37: Demand shifts due to changes in price.
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