12. In a supply and demand diagram, if supply decreases (the supply curve shifts to the left)....

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12. In a supply and demand diagram, if supply decreases (the supply curve shifts to the left).

a. the equilibrium price rises

b. the equilibrium price falls

c. the change in the equilibrium price is ambiguous

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Agricultural Marketing And Price Analysis

ISBN: 9781478646907

1st Edition

Authors: F. Bailey Norwood

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Question Posted: Oct 21, 2024 10:01 AM

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12. In a supply and demand diagram, if supply decreases (the supply curve shifts to the left)....

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Agricultural Marketing And Price Analysis

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