Multiple Choice
A fall in the price of milk, used in the production of ice cream, will:
A) decrease the supply of ice cream, causing the supply curve of ice cream to shift to the left.
B) increase the supply of ice cream, causing the supply curve of ice cream to shift to the right.
C) cause a downward movement along the supply curve of ice cream.
D) have no effect on the supply of ice cream.
Correct Answer:
Verified
Correct Answer:
Verified
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