Question
Suppose that the table shows the quantity supplied of UGG boots at five different prices in 2021 and in 2022 Refer to the table
Suppose that the table shows the quantity supplied of UGG boots at five different prices in 2021 and in 2022 Refer to the table and note the change in the supply of UGG boots from 2021 to 2022. Which of the following could explain the change in supply observed in 2022? (Check all that apply.) A. An increase in the price of a substitute in production. B. A decrease in the price of UGG boots. C. A decrease in worker productivity D. A decrease in the demand for UGG boots. Quantity Supplied Quantity Supplied Price 2021 2022 $ 160 50,000 40,000 170 55,000 45,000 180 60,000 50,000 190 65,000 55,000 200 70,000 60,000
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