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The Wage Rate Paid by Walkman Producers Falls and at the Same

Question 416

Multiple Choice

The wage rate paid by Walkman producers falls and at the same time the price of raw materials used in the production of Walkmans rises. You predict that the supply curve of Walkmans will


A) surely become steeper.
B) surely shift rightward.
C) surely shift leftward.
D) shift either leftward or rightward.

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