In the general supply function, the sign of the slope parameter on the price of an input is ______________ (positive, negative, zero) because a DECREASE in the price of an input will cause the amount supplied to __________________ (increase, decrease) at each price of the good. As a consequence, the supply curve shifts _______________ (leftward, rightward), and supply is said to _______________ (increase, decrease).

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The Answer of In the general supply function, the sign of the slope parameter on the price of an input is ______________ (positive, negative, zero) because a DECREASE in the price of an input will cause the amount supplied to __________________ (increase, decrease) at each price of the good. As a consequence, the supply curve shifts _______________ (leftward, rightward), and supply is said to _______________ (increase, decrease).

In the General Supply Function, the Sign of the Slope