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3. The Market Forces of Supply and Demand
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Problem 15
3. The Market Forces of Supply and Demand
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3. The Market Forces of Supply and Demand / Movement Along a Supply Curve / Problem 9
Problem 9
What is the result of a price increase on the supply curve?
A
The supply curve shifts to the right.
B
There is movement along the existing supply curve.
C
The supply curve shifts to the left.
D
A new supply curve is created.
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