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Refer to the above figure. The rightward shift of the curve could have been caused by

stevengu246

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Refer to the above figure. The rightward shift of the curve could have been caused by

Question 1.

All of the following will cause a shift in the supply of portable power banks EXCEPT

• a per-unit government subsidy on the production of portable power banks.

• a decrease in the number of portable power bank manufacturers.

• a decrease in the prices of portable power banks.

• an increase in the cost of producing portable power banks.

Question 2.

Refer to the above figure. The rightward shift of the curve could have been caused by

• a technological improvement.

• a technological setback.

• a decrease in income.

• an increase in income.

Textbook

Economics Today: The Micro View

Edition: 19^th

Author: Miller

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gtur

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More solutions for this book are available here

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stevengu246 Author

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5 years ago

Good timing, thanks!

smi3

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this is exactly what I needed

shelbycox

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2 hours ago

Brilliant ツ

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