What will cause a change along the supply curve
Question : What will cause a change along the supply curve?
The supplier’s expectations
The supplier’s costs
The price of the good
The price of all other goods
Question 6. Question : In economics, scarcity means that
there are not sufficient resources to produce everything that people want.
poverty will always exist.
a country can never feed all of its citizens.
the price of a good may increase more rapidly than the general price level.
there is not enough of a particular good for people to buy all they want at the prevailing price.
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