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Suppose that the price of a condo changes from $200,000 to $350,000. This would cause a _____________ in the supply curve. An increase in average

Suppose that the price of a condo changes from $200,000 to $350,000. This would cause a _____________ inthe supply curve.

An increase in average excise taxes causes a ___________ the supply curve.

Suppose that the price of business parks changes from $1,000,000 to $2,000,000. Because builders could build business parks instead of condos, an increase in the price of business parks shifts the supply curve for condos to the _______________.

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