Antonio's makes the greatest pizza and delivers it hot to all the dorms around campus.Last week Antonio's supplier of pepperoni informed him of a 25% increase in price.Which variable determining the position of the supply curve has changed and what effect does it have on supply?
A) future expectations; supply decreases
B) future expectations; supply increases
C) input prices; supply decreases
D) input prices; supply increases
E) technology; supply increases
Correct Answer:
Verified
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