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A Decrease in the Price of a Productive Resource Will

Question 146

Multiple Choice

A decrease in the price of a productive resource will result in each of the following except a(n)


A) downward shift in the average-cost curves for all products that use the resource.
B) rightward shift in the supply of products which use the resource.
C) rightward shift in the demand curves for all products that use the resource.
D) increase in the quantity demanded of this productive resource.

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