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Which of the Following Is Most Likely to Shift the Current

Question 97

Multiple Choice

Which of the following is most likely to shift the current supply curve of a good to the right?


A) an increase in the price of a resource used in the good's production
B) an expectation of a higher price in the near future
C) an increase in the price of the good
D) a decrease in the price of an alternative good
E) an improvement in the technology used in the good's production

Correct Answer:

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