An increase in the hourly wage of hot dog vendors at Yankee Stadium shifts the supply curve of hot dogs at Yankee Stadium leftward.

Name: An increase in the hourly wage of hot dog vendors at Yankee Stadium shifts the supply curve of hot dogs at Yankee Stadium leftward.
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Question

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An increase in the hourly wage of hot dog vendors raises the cost of production, leading to a decrease in supply, which shifts the supply curve leftward.

An Increase in the Hourly Wage of Hot Dog Vendors