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Which of the following is False as it regards Determinants of Supply: 1) Resources prices used in the production prices have no effect on determining
Which of the following is False as it regards Determinants of Supply: 1) Resources prices used in the production prices have no effect on determining the cost of production. 2) Technology enables firms to produce units of output with fewer resources. 3) A government subsidizes the production of a goods, if it effects lowering the producers costs and increasing supply. 4) The Larger the number of suppliers, the greater the market supply
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