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(Solved): Refer to Exhibit 3-7. If S1 is the relevant supply curve, a decline in technology in the production ...



Refer to Exhibit 3-7. If S1 is the relevant supply curve, a decline in technology in the production of good X causes Group of answer choices the supply of good X to shift from S1 to S2 the supply of good X to shift from S1 to S3. a movement along S1 perhaps from point A to point B. a movement along S1 perhaps from point A to point C. no change in the supply of good X.



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