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Given a good sold in a competitive market, if the price of an input used to produce that good increases, it will lead to A.
Given a good sold in a competitive market, if the price of an input used to produce that good increases, it will lead to A. a decrease in quantity supplied O B. an increase in supply O C. a decrease in supply O D. a decrease in demand
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
