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jonnyjon jonnyjon
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5 years ago

Question 1.




Refer to the above figure. A movement from point A to point B for a good is most likely a result of

• an expectation of a decrease in the relative price of that good.

• a decrease in the price of that good.

• an expectation of an increase in the relative price of that good.

• an increase in the price of that good.

Question 2.

Which of the following will NOT cause a rightward shift in the supply curve?

• a reduction in the expected future price

• a reduction in resource costs

• an improvement in technology

• none of the above
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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DWFG2796DWFG2796
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5 years ago
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jonnyjon Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Starfiew
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This helped my grade so much Perfect
jayfo05
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This calls for a celebration Person Raising Both Hands in Celebration
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