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11. Movements along versus shifts of supply curves Consider the market supply of wine. Complete the following table by indicating whether an event will cause

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11. Movements along versus shifts of supply curves Consider the market supply of wine. Complete the following table by indicating whether an event will cause a movement along the supply curve for wine or a shift of the supply curve for wine, holding all else constant. Event Movement Along Shift A decrease in the price of grapes (used in the production of wine) O O An increase in the price of wine O O A change in technology that makes it less costly to produce wine O O

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