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Tidy Tidy
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8 years ago
Select the phrase that correctly completes the following statement. "An increase in input prices caused a decrease in the supply of baseballs. As a result
A) the price of baseballs increased and the demand for baseballs decreased."
B) the equilibrium quantity of baseballs increased."
C) the price of baseballs increased and the quantity demanded of baseballs decreased."
D) the price of baseballs increased. The higher price caused the supply of baseballs to increase."
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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8 years ago
You're welcome Happy Dummy
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