3) Refer to Figure 2-4. A movement from X to Y 13) ______ A) could occur because of an influx of immigrant labor. B) is the result of advancements in food production technology only, with no change in the technology for plastic production. C) is the result of advancements in plastic production technology only, with no change in food production technology. D) could be due to a change in consumers' tastes and preferences.

3) Refer to Figure 2-4. A movement from X to Y 13) ______ A) could occur because of an influx of immigrant labor. B) is the result of advancements in food production technology only, with no change in the technology for plastic production. C) is the result of advancements in plastic production technology only, with no change in food production technology. D) could be due to a change in consumers' tastes and preferences.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter13: General Equilibrium And Welfare

Section: Chapter Questions

Problem 13.3P

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