Which of the following would lead to a leftward shift of the supply curve? O a. Increase in input prices and decrease in demand for goods in joint supply O b. Decrease in input prices and increase in demand for goods in joint supply O c. Increase in input prices and decrease in demand for substitutes in supply O d. Decrease in input prices and decrease in demand for substitutes in supply

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
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QUESTION 14
Which of the following would lead to a leftward shift of the supply curve?
O a. Increase in input prices and decrease in demand for goods in joint supply
O b. Decrease in input prices and increase in demand for goods in joint supply
O c. Increase in input prices and decrease in demand for substitutes in supply
O d. Decrease in input prices and decrease in demand for substitutes in supply
Transcribed Image Text:QUESTION 14 Which of the following would lead to a leftward shift of the supply curve? O a. Increase in input prices and decrease in demand for goods in joint supply O b. Decrease in input prices and increase in demand for goods in joint supply O c. Increase in input prices and decrease in demand for substitutes in supply O d. Decrease in input prices and decrease in demand for substitutes in supply
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