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Suppose That the Price of Lettuce Used to Produce Tacos

Question 206

Multiple Choice

Suppose that the price of lettuce used to produce tacos increases.This change means that the equilibrium price of a taco ________ and the equilibrium quantity ________.


A) rises; increases
B) rises; decreases
C) falls; increases
D) falls; decreases
E) does not change; decreases

Correct Answer:

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