Multiple Choice
Refer to the above graph.What will shift D1 to D2?
A) An increase in the price of a complementary input
B) A decrease in the demand for the product produced by the labor
C) An increase in the price of a substitute input (if the output effect is greater than the substitution effect)
D) An increase in the price of a substitute input (if the substitution effect is greater than the output effect)
Correct Answer:

Verified
Correct Answer:
Verified
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