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The Supply Curve for a Good Will Shift to the Left

Question 58

Multiple Choice

The supply curve for a good will shift to the left if:


A) producers expect that the price of the good will soon be lower.
B) price decreases for a substitute for the good in production.
C) the input price for the good increases.
D) the number of suppliers of the good increases.
E) the price of the good decreases.

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