For each of the following changes,show the effect on the supply curve and state what will happen to market equilibrium price and quantity in the short run.
a.The government requires pollution control filters that raise costs on goods.
b.Wages of workers in this industry fall.
c.There is an improvement in technology.
d.The price of the good falls.
e.Producers expect that the price of the good will fall in the future.

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The Answer of For each of the following changes,show the effect on the supply curve and state what will happen to market equilibrium price and quantity in the short run.
a.The government requires pollution control filters that raise costs on goods.
b.Wages of workers in this industry fall.
c.There is an improvement in technology.
d.The price of the good falls.
e.Producers expect that the price of the good will fall in the future.

For Each of the Following Changes,show the Effect on the Supply