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A fall in the price of raw milk (which is used in the production of ice cream) will

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A fall in the price of raw milk (which is used in the production of ice cream) will

A fall in the price of raw milk (which is used in the production of ice cream) will

▸ increase the supply of ice cream, causing the supply curve to shift to the left.

▸ decrease the supply of ice cream, causing the supply curve to shift to the right.

▸ increase the supply of ice cream, causing the supply curve of ice cream to shift to the right.

▸ decrease the supply of ice cream, causing the supply curve of ice cream to shift to the left.

▸ have no effect on the supply curve of ice cream but cause a downward movement along the supply curve of ice cream.

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Microeconomics

Edition: 17^th

Author: Ragan

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This helped my grade so much Perfect

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