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1. The data for supply curve S indicate that at a price of $0.25 per Greebe, suppliers would be
willingto offer ___________ million Greebes. Other things constant, if the price of Greebes
increased to $0.30 per Greebe, suppliers would be willing to offer ______________ million
Greebes. Such a change would be an increase in (supply / quantity supplied). Other things
constant, if the price of Greebes decreased to $0.20 per Greebe, suppliers would be willing to offer
_____________ million Greebes. Such a change would be called a decrease in (supply / quantity
supplied).

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1 The data for supply curve S indicate that at a price of .pdf

  • 1. 1. The data for supply curve S indicate that at a price of $0.25 per Greebe, suppliers would be willingto offer ___________ million Greebes. Other things constant, if the price of Greebes increased to $0.30 per Greebe, suppliers would be willing to offer ______________ million Greebes. Such a change would be an increase in (supply / quantity supplied). Other things constant, if the price of Greebes decreased to $0.20 per Greebe, suppliers would be willing to offer _____________ million Greebes. Such a change would be called a decrease in (supply / quantity supplied).