Consider the market for cheese. Determine whether the following scenarios lead to a shift of the supply curve to the right or the left or neither. 1. Cheese makers expect the market to grow and are investing 2. Household income has fallen in recent months 3. Technology has reduced the cost of producing cheese 4. The cost of the equipment needed to make cheese increased 15% A. Shift to the left B. No shift C. Shift to the right

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