castor7882 castor7882
  • 19-09-2022
  • Business
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Suppose there is an increase in the price of wood. We would expect the supply curve for pencils to.

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spadillia
spadillia spadillia
  • 19-09-2022

Answer:

The supply curve (S0) for pencils shifts to the left since the price of wood increases, the price of graphite increases, and the price of rubber increases this will cause a leftward shift in the supply curve for pencils

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