Social Studies, 16.09.2019 21:20 sjackson0625p8w1a0
Suppose that at prices of $5, $4, $3, $2, and $1 for product z, the corresponding quantities supplied are 7, 6, 5,4,3 units, respectively. which of the following would increase the quantities supplied of z to, say, 14, 12, 10, 8, 6 units at these prices? a. improved technology for producing z.
b. an increase in the prices of the resources used to make z.
c. an increase in the excise tax on product z.
d. increases in the incomes of the buyers of z.
Answers: 3
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Suppose that at prices of $5, $4, $3, $2, and $1 for product z, the corresponding quantities supplie...
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