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A Decrease in the Price of a Complement in Production

Question 104

Multiple Choice

A decrease in the price of a complement in production leads to


A) a decrease in the supply of the good in question.
B) an increase in the supply of the good in question.
C) no change in the supply of the good in question.
D) a decrease in the quantity supplied of the good in question.
E) an increase in the supply of the good in question and a decrease in the quantity supplied of the good in question.

Correct Answer:

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