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