An Increase in the Price of an Input Will Cause

question 84

Multiple Choice

An increase in the price of an input will cause the

• A) quantity supplied to decrease.
• B) demand to decrease.
• C) supply to decrease.
• D) quantity supplied to increase.
• E) demand to increasE.

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Definitions:

Lexical Decision

Lexical decision is a task in psycholinguistics measuring how quickly a person can decide if a string of letters is a real word or not.

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