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Which of the following scenarios would cause both the supply and demand curves to shift left? Question 25Answer a. New pig rules increase the cost
Which of the following scenarios would cause both the supply and demand curves to shift left? Question 25Answer a. New pig rules increase the cost of pork production. A new study convinces people that pork is a healthier alternative to beef. b. The price of pork is expected to decrease next year. c. Lithium batteries, an input for tablet production, become much cheaper. Due to lower tablet prices, demand for tablets increases. d. Policymakers impose a tax that increases the unit cost of producing tablets. Meanwhile, many parents start to believe that their children should not own electronics
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