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You Are Given the Following Supply Schedule A What Happened to the Supply Curve?
B

question 134

Essay

You are given the following supply schedule:  Price  Quantity Supplied $00$415$530$1245$1660\begin{array} { | l | l | } \hline \text { Price } & \text { Quantity Supplied } \\\hline \$ 0 & 0 \\\hline \$ 4 & 15 \\\hline \$ 5 & 30 \\\hline \$ 12 & 45 \\\hline \$ 16 & 60 \\\hline\end{array}


a. What happened to the supply curve?
b. List five things that could make the supply curve reflect your answer in part


Definitions:

Understand Obligations

Recognizing and comprehending the duties and responsibilities that are part of an agreement or contract.

Capacity

The legal ability or competency of a person or entity to enter into binding contracts or perform certain acts.

Illegal Clause

A provision in a contract that is prohibited by law and therefore unenforceable.

Sever

To cut off or divide property interests or legal relationships.

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