Antonios makes the greatest pizza and delivers it hot to all the dorms around campus. Last week
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Antonio’s makes the greatest pizza and delivers it hot to all the dorms around campus. Last week Antonio’s supplier of pepperoni informed him of a 25% increase in price. Which variable determining the position of the supply curve has changed, and what effect does it have on supply?
a. future expectations; supply decreases
b. future expectations; supply increases
c. input prices; supply decreases
d. input prices; supply increases
e. technology; supply increases
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