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Question
a change in supply cannot be caused by a change in: a. technology. b. resource prices. c. the price of the good itself. d. the number of suppliers.
Brief Explanations
A change in supply refers to a shift of the entire supply curve, caused by non-price factors. Changes in technology, resource prices, and number of suppliers are all non-price determinants that shift the supply curve. A change in the good's own price only causes a movement along the existing supply curve (a change in quantity supplied), not a change in supply itself.
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c. the price of the good itself.