ECONOMICS
SUPPLY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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There has been a movement upwards along the supply curve of a product. What is the most likely explanation for this? A Consumer incomes have fallen. B New technology has made the product cheaper to produce. C The government has imposed a tax on the product. D The price of a substitute has increased.
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A
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B
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C
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D
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Explanation:
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