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Business, 24.09.2021 15:50 Kiki18love

Falling oil prices would significantly lower the cost of production for many goods. Producers of plastic kayaks, for instance, would be able to produce larger quantities of their product given the decrease in input costs. Which of the following illustrates how consumers respond to the
price incentive brought about by the subsequent increase in supply?


Falling oil prices would significantly lower the cost of production for many goods. Producers of pl

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