Business, 12.08.2020 19:01 changemyfate69
An increase in input prices causes:
a) the market supply to shift inward, driving the equilibrium price downward.
b) the market supply to shift outward, leading to a higher equilibrium price.
c) the market supply to shift inward, driving the equilibrium price higher.
d) the supply curve to decrease and the demand curve to decrease.
Answers: 3
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An increase in input prices causes:
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