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Continuing your analysis of the competitive US manufacturing industry from Question 1, with demand of Qd = 200 - 5P and supply of Qs =

Continuing your analysis of the competitive US manufacturing industry from Question 1, with demand of Qd = 200 - 5P and supply of Qs = 3P - 24, suppose an improvement in technology causes the supply curve to increase, shifting the curve down by $8 for every given quantity

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