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Which of the following is most likely to shift the supply curve of a good to the right?A technological improvement that reduces costs of production will shift supply to the right, causing a greater quantity to be produced at any given price.
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Which of the following would cause the supply of gasoline to decrease?Answer and Explanation: The correct answer is c. A decrease in the price of crude oil used to produce gasoline. One of the factors that affect the supply of a product is the cost of production.
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