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Refer to the Above Table

Question 128

Multiple Choice

Refer to the above table. If a technological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each price, the new equilibrium price would be: A) $11 B) $12 C) $13 D) $14 Refer to the above table. If a technological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each price, the new equilibrium price would be:


A) $11
B) $12
C) $13
D) $14

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