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dkwilson dkwilson
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2 months ago

Resource X is necessary to the production of good Y. If the price of resource X rises,



▸

the supply curve of Y shifts leftward.



▸

the supply curve of Y shifts rightward.



▸

the supply curve of Y is unaffected.



▸

there is a movement down the supply curve of Y.



▸

there is a movement up the supply curve of Y.

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Economics

Economics


Edition: 12th
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roman91roman91
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the supply curve of Y shifts leftward.
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Just got PERFECT on my quiz
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