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If the Price of a Good Changes but Everything Else

Question 193

Multiple Choice

If the price of a good changes but everything else influencing suppliers' planned sales remains constant, there is a


A) new supply curve that is to the right of the initial supply curve.
B) new supply curve that is to the left of the initial supply curve.
C) movement along the supply curve.
D) rotation of the initial supply curve around the initial price.

Correct Answer:

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