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- 1. Multiple Choice
the main factor that causes a change in supply
price
style
- 2. Multiple Choice
If determinants of supply lead to an increased level of production, the supply curve will shift
downward
to the right
- 3. Multiple Choice
When prices rise, supply levels will also increase. If prices drop, supply will also fall.
law of supply
law of demand
- 4. Multiple Choice
A movement to the left shows a decrease in both price and quantity supplied
true
false
- 5. Multiple Choice
Supply
producers
consumers
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