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Which of the Following Factors Will Lead to a Decrease

Question 69

Multiple Choice

Which of the following factors will lead to a decrease in the current supply of a good?


A) A fall in the current price of a good or service
B) A technological advance that decreases production costs
C) A decrease in the price of inputs to the production process
D) A belief that the price of a good or service will go up in the future

Correct Answer:

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