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    Macroeconomics Study Set 68
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    Exam 3: Demand, Supply, and Market Equilibrium
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    A Fall in the Price of Milk, Used in the Production
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A Fall in the Price of Milk, Used in the Production

Question 10

Question 10

Multiple Choice

A fall in the price of milk, used in the production of ice cream, will


A) decrease the supply of ice cream.
B) increase the supply of ice cream.
C) cause a movement along the supply curve of ice cream.
D) have no effect on the supply of ice cream.

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