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An increase in the price of a good or service being produced will
create movement along the supply curve
Oshift the demand curve to the right
shift the supply curve to the left
shift the supply curve to the right



Answer :

Based on the provided options, the correct answer to the question is: - Shift the supply curve to the left Explanation: 1. When the price of a good or service being produced increases, it affects the supply side of the market. 2. A higher price typically leads to producers being willing to supply more of the good or service. 3. As a result, the supply curve shifts to the right, indicating an increase in quantity supplied at each price level. 4. Therefore, the correct option is "shift the supply curve to the left," as the supply curve shifts to the right when there is an increase in the price of a good or service being produced.