Refer to the figure below. Which of the following could have caused the shift in the supply curve?
A) a bad state of nature for the production of Good R
B) a decrease in the cost of producing Good R
C) an increase in the price of Good R
D) an increase in the price of a substitute good in production
B) a decrease in the cost of producing Good R
Anthropology & Archaeology
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
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