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Milk Is an Important Ingredient in the Production of Ice

Question 8

Multiple Choice

Milk is an important ingredient in the production of ice cream.If the price of milk increases,then one would expect,holding all other things constant:


A) the supply curve for ice cream to shift left.
B) the supply curve for ice cream to shift right.
C) no change in the supply curve for ice cream.
D) a movement along the supply curve for ice cream curve,resulting in more ice cream supplied.

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