Multiple Choice
Which of the following cause and effect events are in order for a seller?
A) an input price falls, profit falls, the supply curve shifts left
B) an input price falls, profit rises, the supply curve shifts right
C) an input price rises, profit falls, the supply curve shifts right
D) an input price rises, profit rises, the supply curve shifts left
Correct Answer:
Verified
Correct Answer:
Verified
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