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An Increase in the Supply of Commodity X for Any

Question 19

Multiple Choice

An increase in the supply of commodity X for any given price of X could be caused by


A) an increase in the prices of other commodities.
B) an increase in the prices of factors of production important to this commodity.
C) a reduction in the prices of factors of production important to this commodity.
D) an increase in consumer income.
E) none of the above.

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