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Suppliers of Wrapping Paper Have Reduced Supply Since the Gift-Giving

Question 261

Multiple Choice

Suppliers of wrapping paper have reduced supply since the gift-giving season has passed. Suppliers are MOST likely responding to


A) higher prices of ink.
B) their expectation that the price of wrapping paper will fall in the marketplace.
C) a decrease in consumers' income.
D) increased government regulation in the paper industry.

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