If a Productʹs Demand Increases as Its Supply Simultaneously Decreases

question 91

Multiple Choice

If a productʹs demand increases as its supply simultaneously decreases, the marginal revenue product curve will

• A) shift to the right.
• B) shift to the left.
• C) remain unchanged.
• D) either shift to the left, shift to the right, or remain unchanged depending upon what happens to product price.

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