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2. Has there been an increase or decrease in supply? Factors that could shift the supply curve include changes in costs of materials, wages, or
2. Has there been an increase or decrease in supply? Factors that could shift the supply curve include changes in costs of materials, wages, or other inputs; changes in technology; or changes in the number of firms in the market. 3. Draw a supply-and-demand graph to explain this change. Be sure to label your graph and clearly indicate which curve shifts
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