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The The next three questions analyze the impact of lower costs of production in the car industry. How would lower costs of production affect the
The The next three questions analyze the impact of lower costs of production in the car industry. How would lower costs of production affect the supply and demand curves? Which one (or both) shift and in which direction?next three questions analyze the impact of an increase in consumer incomes in the market for restaurant meals. How would you show the impact of this in a supply and demand graph for restaurant meals? Group of answer choices Demand shifts left Demand shifts right Supply shifts right Both curves shift Neither curve shifts Supply shifts left
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