If the Same Dairy Can Produce Either Full Cream Milk

question 10

Multiple Choice

If the same dairy can produce either full cream milk or skimmed milk, an increase in the profitability of full cream milk results in

• A) a decrease in the quantity supplied of full cream milk.
• B) an increase in the supply of full cream milk.
• C) a decrease in the supply of skimmed milk.
• D) an increase in the supply of skimmed milk.

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Definitions:

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