Using supply and demand analysis,the increase in the price of ice cream can be illustrated as:
A) a leftward shift in the supply curve for ice cream caused by more expensive ingredients.
B) a rightward shift in the supply curve for ice cream caused by more expensive ingredients.
C) a leftward shift in the demand curve for ice cream caused by more expensive ingredients.
D) a rightward shift in the demand curve for ice cream caused by more expensive ingredients.
Correct Answer:
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