Multiple Choice
Which of the following would shift the supply curve for MP3 players to the right?
A) An increase in the price of a substitute in production
B) An increase in consumer income (assuming that all MP3 players are normal goods)
C) A decrease in the number of firms that produce MP3 players
D) A decrease in the price of an input used to produce MP3 players
Correct Answer:

Verified
Correct Answer:
Verified
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