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Refer to the Above Table

Question 72

Multiple Choice

  Refer to the above table.In relation to column (3) ,a change from column (1) to column (2) would mostly likely be caused by: A)  reduced taste for the good. B)  an increase in input prices. C)  consumers expecting that prices will be higher in the future. D)  government subsidizing production of the good. Refer to the above table.In relation to column (3) ,a change from column (1) to column (2) would mostly likely be caused by:


A) reduced taste for the good.
B) an increase in input prices.
C) consumers expecting that prices will be higher in the future.
D) government subsidizing production of the good.

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