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Due to automation, the cost of producing Good X has decreased. Ceteris paribus, what is likely to occur? a supply of Good X will increase
Due to automation, the cost of producing Good X has decreased. Ceteris paribus, what is likely to occur? a supply of Good X will increase b supply of Good X will decrease c the quantity supplied of Good X will increase d the quantity supplied of Good X will decrease
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Money Banking and Financial Markets
Authors: Laurence M. Ball
2nd edition
978-1429244091
