(1)(2)(3)(4)(5)QdQdPriceQsQs5040$1070806050960708060850609070740501008063040Refer to the above table. In relation to column (3), a change from column (4) to column (5) would most likely be caused by:

A. government placing an excise tax on the good.
B. an increase in consumer income.
C. an improvement in production technology.
D. an increase in input prices.


Answer: C

Economics

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