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3. Explain what would happen to the quantity supplied, or supply of cars if the following occurred: (Be sure to indicate whether there is a

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3. Explain what would happen to the quantity supplied, or supply of cars if the following occurred: (Be sure to indicate whether there is a movement along or shift in the supply curve) a. A significant technological advancement is achieved in the production of cars. Worker unions throughout the car industry succeed in pressurising management to increase workers' wages by 15%. The price of cars increases by 20% due to more buyers coming onto the market, lured by new car models introduced by the various car dealers. An embargo is placed on foreign cars

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