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Question 5 of 27 Shift factors for the supply curve include changes in price of productive resources. These include all of the following, except time Select- land time Question 6 of 27 capital entrepreneurship labor True or false. A market-clearing price only occurs in a market in equilibrium

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Answer #1

Ans.5- Time

Change in price of all the other factors will shift supply curve.

Ans.6- True.

A market clearing price occurs where quantity demanded= Quantity supplied.

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