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victor.m.rojas2 victor.m.rojas2
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4 years ago
Suppose that the price of macaroni drops. Quantity supplied will ________ and producer surplus will ________.

▸ decrease; decrease

▸ increase; increase

▸ increase; decrease

▸ decrease; increase
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Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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beunikuelbeunikuel
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4 years ago
Brilliant
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#3
4 years ago
Suppose that the price of macaroni rises. Quantity supplied will ________ and producer surplus will ________.

▸ decrease; decrease

▸ decrease; increase

▸ increase; increase

▸ increase; decrease
Answer verified by a subject expert
jackjohnson74jackjohnson74
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Rep: 57 0
4 years ago
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