A Decrease in the Price of Flour Will Shift the Supply

question 544

Multiple Choice

A decrease in the price of flour will shift the supply curve for donuts

• A) leftward, causing the equilibrium price to increase and quantity to decrease.
• B) leftward, causing the equilibrium price and quantity to decrease.
• C) rightward, causing the equilibrium price to decrease and equilibrium quantity to increase.
• D) rightward, causing the equilibrium price and quantity to increase.

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