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Author Question: If the supply curve of a product changes so that sellers are now willing to sell 2 additional units ... (Read 63 times)

iveyjurea

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on: Jul 1, 2018
If the supply curve of a product changes so that sellers are now willing to sell 2 additional units at any given price, the supply curve will
 
  A) shift leftward by 2 units.
  B) shift rightward by 2 units.
  C) shift vertically up by 2 units.
  D) shift vertically down by 2 units.

Question 2

The expression increase in quantity supplied is illustrated graphically as a
 
  A) leftward shift in the supply curve.
  B) rightward shift in the supply curve.
  C) movement up along the supply curve.
  D) movement down along the supply curve.
Microeconomics ¦ Perloff ¦ 8th Edition
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SVictor

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


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