The price of a product increases, leading firms to produce more. This is an __________ in supply., expansion, contraction, increase, decrease, The price of a product falls, leading firms to produce less. This is a __________ in supply., expansion, contraction, increase, decrease, The cost of raw materials rises, making production more expensive. This leads to a __________ in supply., expansion, contraction, increase, decrease, New technology improves production efficiency. This results in an __________ in supply., expansion, contraction, increase, decrease, The government imposes a higher tax on producers. This leads to a __________ in supply., expansion, contraction, increase, decrease, The government provides subsidies to firms.This results in an __________ in supply., expansion, contraction, increase, decrease.
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