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An Increase in Input Prices Will Cause

Question 33

Multiple Choice

An increase in input prices will cause


A) supply to shift rightward,equilibrium price to rise,and equilibrium quantity to fall.
B) supply to shift leftward,equilibrium price to rise,and equilibrium quantity to fall.
C) supply to shift rightward,equilibrium price to fall,and equilibrium quantity to rise.
D) supply to shift leftward,equilibrium price to fall ,and equilibrium quantity to rise.

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