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Refer to the Accompanying Figure

Question 64

Multiple Choice

Refer to the accompanying figure.What event would cause the change in the equilibrium?
Refer to the accompanying figure.What event would cause the change in the equilibrium? A) Consumers earn higher incomes. B) Consumers earn lower incomes. C) The price of an input increases. D) Firms enter the market. E) Firms expect the price to rise in the future.


A) Consumers earn higher incomes.
B) Consumers earn lower incomes.
C) The price of an input increases.
D) Firms enter the market.
E) Firms expect the price to rise in the future.

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