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Match the Correct Answer to Each Statement

Question 45

Short Answer

Match the correct answer to each statement.
(a) If the drought in Australia continues:
(b) If there is a technological improvement in the production of iPods:
(c) As a result of bushfires in Victoria's dairy farming area:

(i) the supply curve will shift to the right.
(ii) the supply of milk decreased.
(iii) the supply of wheat will decrease.

Correct Answer:

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(a) iii
(...

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