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A technological advance in the production of MP3 players will cause the equilibrium selling price to increase.

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A technological advance in the production of MP3 players will cause the equilibrium selling price to increase.

Question 1.

A shift of the supply curve is caused by a change in a good's own price.

▸ true

▸ false

Question 2.

A technological advance in the production of MP3 players will cause the equilibrium selling price to increase.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 100 times

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emr21

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More solutions for this book are available here

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Chris G.

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thank u

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