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The day before you suggest an MSRP to the company, you realize a current shortage in leather (a required input in manufacturing the basketball shoes)
The day before you suggest an MSRP to the company, you realize a current shortage in leather (a required input in manufacturing the basketball shoes) which has resulted in increased leather prices overnight . Given this event, what would you expect to happen? The supply curve to shift right. The supply curve to shift left. The demand curve to shift down. The demand curve to shift right
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