Exhibit 4-10
-Refer to the exhibit.Which of the following will be caused by the development of more efficient production technologies for baby formula?
A) a supply shift from S₁ to S₂
B) a movement from a to b on supply curve S₁
C) a supply shift from S₂ to S₁
D) a movement from c to d on supply curve S₂
Correct Answer:
Verified
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