A Decrease in Input Costs to Firms in a Market

question 91

Multiple Choice

A decrease in input costs to firms in a market will result in a(n)

• A)decrease in equilibrium price and an increase in equilibrium quantity.
• B)decrease in equilibrium price and a decrease in equilibrium quantity.
• C)increase in equilibrium price and a decrease in equilibrium quantity.
• D)increase in equilibrium price and an increase in equilibrium quantity.

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Definitions:

Genetic Predisposition

An inherited genetic pattern that makes one susceptible to developing certain diseases or traits.

Psychological Factors

Elements of a person's psychological state, such as emotions, attitudes, and motivations, that can influence their behavior and mental well-being.

Teenage Pregnancies

Situations where girls become pregnant during their teenage years, often presenting various social, economic, and health challenges.

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