If a new surf shop, Mike's Surf Shop, opens, then O the market supply curve for surf gear will shift to the right. O the market supply curve for surf gear will shift to the left. O there will be a movement up the market supply curve for surf gear. O there will be a movement down the market supply curve for surf gear.
If a new surf shop, Mike's Surf Shop, opens, then O the market supply curve for surf gear will shift to the right. O the market supply curve for surf gear will shift to the left. O there will be a movement up the market supply curve for surf gear. O there will be a movement down the market supply curve for surf gear.
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 20P
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