Matthew bakes apple pies that he sells at the local farmer's market.If the price of apples increases,the

Name: Matthew bakes apple pies that he sells at the local farmer's market.If the price of apples increases,the
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Question

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If the price of apples that Matthew uses in his pies increases, the cost of producing the pies will increase. This makes it less profitable for Matthew to supply the pies at the original price. As a result, Matthew's supply curve for his pies will decrease.

Matthew Bakes Apple Pies That He Sells at the Local