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Period
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Period 1
Period 2
Period 3
Period 4
Period 5
In the market for tacos, each of the following shifts the supply curve to the left except:
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1 point
an increase in the price of beef.
an increase in the wages of taco shop workers.
fewer taco shops.
a decrease in the price of tacos.
In the local market for coffee, which graph below illustrates Joyce's Java and Everyday Joe's coffee shops go out of business?
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Graph 1
Graph 2
Coffee
Which graph above illustrates the market for coffee when the price of coffee beans decrease.
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Graph 1
Graph 2
Which of the following will not cause the supply curve for athletic shoes to shift?
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(remember the shifters and what price of the product does)
1 point
A change in the cost of the plastic used to make the shoes
The entrance of several athletic shoe producers to the market
An advancement in the technology used to produce athletic shoes
Expectations that the price of athletic shoes will decrease in the future
A decrease in the price of athletic shoes
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