Refer to the information provided in Figure 3.12 below to answer the question(s) that follow. 
Figure 3.12
-Refer to Figure 3.12. The supply curve for hula hoops shifts from S1 to S0. This could be caused by
Definitions:
Prior Probabilities
The probability of an event or hypothesis before new evidence is taken into account, often used in Bayesian analysis.
Videography Business
A business that specializes in the production of video content, including filming, editing, and distributing videos.
Expected Monetary Value
A statistical concept used in decision making to calculate the average outcome when the future includes scenarios that may or may not happen.
Prior Probabilities
Probabilities that are assigned or known before new evidence is taken into account, often used in Bayesian statistics.
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Q242: Refer to Figure 3.10. A decrease in