Question
7. Which of the following might cause the supply curve for an inferior good to shift to the right? a. an increase in input
7. Which of the following might cause the supply curve for an inferior good to shift to the right? a. an increase in input prices Le clienpa b. a decrease in consumer income c. an improvement in production technology that makes production of the good more profitable d. a decrease in the number of sellers in the market
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
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