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Other Things Equal,if the Price of a Key Resource Used

Question 63

Multiple Choice

Other things equal,if the price of a key resource used to produce product X falls,the:


A) product supply curve of X will shift to the right.
B) product demand curve of X will shift to the right.
C) product supply curve of X will shift to the left.
D) product demand curve of X will shift to the left.

Correct Answer:

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