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Movement Along a Supply Curve
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Movement Along a Supply Curve
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3. The Market Forces of Supply and Demand / Movement Along a Supply Curve / Problem 2
Problem 2
Which of the following is true when the price of a product increases?
A
The supply curve shifts to the left.
B
The supply curve shifts to the right.
C
There is movement along the existing supply curve.
D
A new supply curve is created.
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