Novak has been examining the production of tennis racquets over the past several years. He notes the price of racquets has remained constant. In late January, following the Australian Open, many new stores around Australia open selling tennis racquets. Later that same year in June, a new technology results in the time to manufacture a tennis racquet being reduced by 50%. Select the item from the list provided to make the following statements true. v Ashift in supply in late January would result 1. increase in quantity supplied from an 2. changes in technology 3. tax - v The change in technology will cause what kind 4- decrease in the quantity SUPPHEC' of shift in the supply curve? 5- Shift IBH 6. more substitutes v The price of tennis racquets suddenly increased 7' subsidy once the new racquet technology was 8. increase in the number of suppliers introduced. This new technology greatly 9- deate increased supply, with the demand for tennis 10. shift right racquets also suddenly increasing at this time. 11.remained unchanged In this situation, you would see an of racquets