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Unit 2 Review: Supply, Demand, and Equilibrium Flashcards | StudBud
Unit 2 Review: Supply, Demand, and Equilibrium
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If the price of mints drops from $.75 to $.50. What will happen to the supply of mints?
A
The entire supply curve will shift to the left (decrease)
B
The quantity supplied will increase on the curve (new dot)
C
The entire supply curve will shift to the right (increase)
D
The quantity supplied will decrease on the curve (new dot)
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