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Use the following to answer questions :
Figure 3-6 Use the following to answer questions : Figure 3-6 -Given the supply and demand curves drawn in Figure 3-6, an increase in the cost of an input can be expected to push the market clearing price up and the market clearing quantity down.
-Given the supply and demand curves drawn in Figure 3-6, an increase in the cost of an input can be expected to push the market clearing price up and the market clearing quantity down.

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