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    Microeconomics Study Set 46
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    Exam 2: Supply and Demand
  5. Question
    In the Standard Model, We Expect the Partial Derivative of Quantity
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In the Standard Model, We Expect the Partial Derivative of Quantity

Question 3

Question 3

Multiple Choice

In the standard model, we expect the partial derivative of quantity supplied with respect to input price to be:


A) positive.
B) negative.
C) either positive or negative.
D) Cannot make a clear determination with the given information.

Correct Answer:

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