Suppose That the Price of Flour Used to Produce Bagels

question 2

Multiple Choice

Suppose that the price of flour used to produce bagels increases. Hence the equilibrium price of a Bagel _{-------------}and the equilibrium quantity_{-------------} .

• A)rises; decreases
• B)falls; increases
• C)does not change; does not change
• D)rises; increases
• E)falls; decreases

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