The price of chocolate chips has increased.For the producers of chocolate chip cookies,this means:
A) they can supply more at each price because some of the competition will drop out.
B) they can supply less at each price because the price of a main input has gone up.
C) they can supply more at each price because the price of a main input has gone up.
D) None of these statements is true.
Correct Answer:
Verified
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