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Suppose there is an increase in the price of wood. We would expect the supply curve for pencils to.
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Suppose there is an increase in the price of wood. We would expect the supply curve for pencils to.

User Peter Smit
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18 votes

Answer:

The supply curve (S0) for pencils shifts to the left since the price of wood increases, the price of graphite increases, and the price of rubber increases this will cause a leftward shift in the supply curve for pencils

Step-by-step explanation:

User Tamilselvan S
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