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A decrease in input costs to firms in a market will result in a(n):
a) decrease in equilibrium price and an increase in equilibrium quantity.
b) decrease in equilibrium price and a decrease in equilibrium quantity.
C) increase in equilibrium price and a decrease in equilibrium quantity.
d) increase in equilibrium price and an increase in equilibrium quantity.
A decrease in input costs to firms in a market will result in a(n):
a) decrease in equilibrium price and an increase in equilibrium quantity.
b) decrease in equilibrium price and a decrease in equilibrium quantity.
C) increase in equilibrium price and a decrease in equilibrium quantity.
d) increase in equilibrium price and an increase in equilibrium quantity.
Casey DurganLv2
18 Mar 2020
