11- Which of the following would cause the short-run market supply curve to shift inward? Select one: a. a fall in input prices b. government regulations that raise each firm's marginal cost of productionprice c. an increase in each firm's fixed cost d. both b and c

11- Which of the following would cause the short-run market supply curve to shift inward? Select one: a. a fall in input prices b. government regulations that raise each firm's marginal cost of productionprice c. an increase in each firm's fixed cost d. both b and c

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

11- Which of the following would cause the
short-run market supply curve to shift inward?
Select one:
a. a fall in input prices
b. government regulations that raise each firm's
marginal cost of productionprice
c. an increase in each firm's fixed cost
d. both b and c

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