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Which of the following would cause an increase in the equilibrium price of a good? a. Fewer firms are producing this good b. The
Which of the following would cause an increase in the equilibrium price of a good? a. Fewer firms are producing this good b. The cost of a key input used to produce this good has fallen. c.Technological advance has increased labor productivity. d. A new study claims consumption of this good is bad for your health.
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