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Suppose That the Price of Pork Rises

Question 211

Multiple Choice

Suppose that the price of pork rises. We would expect that the supply of beef will


A) fall because pork is a resource used in beef production.
B) fall because farmers will shift resources from beef production to pork production.
C) rise because pork is a resource used in beef production.
D) rise because farmers will shift resources from beef production to pork production.

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