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johnsherzod383
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PrepTests ·
PT101.S3.Q14
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johnsherzod383
Thursday, May 21 2020

I still do not quite understand why C is the correct answer choice.

If a production cost of a good increases that means it is more costly for a company to supply that good. This would shift the supply curve to the left resulting in the producer not being able to supply enough at each price level, resulting in lower sales??? A reduction in quantity supplied means that the producer can no longer meet the demand of consumers at the equilibrium = lower sales???.

Why is this the case for lower sales in answer choice E where the demand shift lefts but not the same case in answer choice C when the supply curve shifts left? Both are just as equally inefficient trade-offs for the business.

To add on to this answer D clearly cuts back production as well! Resulting in an inward shift of the supply curve and consequently failing to meet consumers' demand at the given price level!

Maybe I am just coming at this question from an economics point of view. Idk

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johnsherzod383
Wednesday, Apr 15 2020

.

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johnsherzod383
Wednesday, Aug 05 2020

A --> B

A --> C

should also lead to B (--s --) C

This can be found under Some and Most Relationships (Valid Argument Form #6)

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johnsherzod383
Wednesday, Aug 05 2020

Hey guys, hope everyone is doing well. My name is John. I am currently averaging low 160's for BR, looking for a study group to help each other out. Zoom or FT works. Lmk, good looks.

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