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Business, 02.12.2020 06:30 sancho7511

A new manufacturing technology makes it easier to make the product and cause a shift in the supply curve. What is the new equilibrium point after implementing the new technology?(hint: Determine which direction a easier production shifts the supply curve and use the direction to pick the resulting equilibrium point.)

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A new manufacturing technology makes it easier to make the product and cause a shift in the supply c...
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