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Lower resource prices reduce production costs and increase profits; therefore A. the demand curve will shift right, decreasing profits. B. when resource prices fall, firms

Lower resource prices reduce production costs and increase profits; therefore A. the demand curve will shift right, decreasing profits. B. when resource prices fall, firms supply greater output at each product price. C. the firms will not be motivated to increase production. D. when resource prices fall, firms supply less output at each product price

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