Using Supply and Demand Analysis,the Increase in the Price of Ice

question 249

Multiple Choice

Using supply and demand analysis,the increase in the price of ice cream can be illustrated as:

• A)a leftward shift in the supply curve for ice cream caused by more expensive ingredients.
• B)a rightward shift in the supply curve for ice cream caused by more expensive ingredients.
• C)a leftward shift in the demand curve for ice cream caused by more expensive ingredients.
• D)a rightward shift in the demand curve for ice cream caused by more expensive ingredients.

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