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1- An advance in technology is represented by a movement along the same PPF. True...

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Accounting

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1- An advance in technology is represented by a movement along the same PPF. True False 2- The demand curve will shift to the left if the income of individuals will increase for an inferior good. * True False 3- If in the market for oranges the quantity supplied has increased, then the supply curve for oranges has shifted to the right. * True False 4- For economists, people's tastes and demand are not related. * True False 5- Decrease in the price of watches shifts the demand for watches to the left. True O False

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