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P Search Homework 1 W20 - Saved to this PC Help Mailings Review View Layout References 5. For each graph below present a reas
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A. Upward shift in the production possibility frontier on y axis means that more pens can be produced with no change in units of noodles. This can be due to improvement in technology of making pens.

B. Rightward shift in supply curve is an increase in supply of coffee. This can happen due to many reasons - increase in number of sellers, decrease in price of input or improvement in production technology.

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