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Need help with these economic questions, thanks! An increase in the supply of the product implies: O the supply curve will shift to the left.

Need help with these economic questions, thanks!

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An increase in the supply of the product implies: O the supply curve will shift to the left. 0 producers will now charge a lower price for a given quantity of output. 0 the price of this product has increased. 0 some producers are dropping out of this market. 0 producers will now charge a higher price for a given quantity of output. The production possibilities frontier is a diagram that shows: O the productively efficient combinations of two products that can be produced on a worldwide basis given demand. O the productively efficient combinations of two products that an economy can produce regardless of if the resources are available. O the productively efficient combinations of two products that an economy can produce given the resources it has available. O the productively inefficient combinations of a single product that an economy can produce given the resources it has available

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