Assume the beef and leather are complements in production. Question continued....?
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Assume the beef and leather are complements in production. The price of beef increases because of an increase in beef exports, ceteris paribus. Which ONE of the following options is correct? 1. the demand curve for, and supply curve of, leather will shift. 2. The supply curve of leather will shift to the right, with an accompanying decrease in the equilibrium price and increase in the equilibrium of leather. 3. The supply curve of leather will shift tot the left, with an accompanying increase in the equilibrium price and decrease in the equilibrium quantity of leather. 4. The demand curve of leather will shift to the left, with an accompanying increase in the equilibrium price and decrease in the equilibrium quantity of leather.
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Answer:
4
Angelque S at Yahoo! Answers Visit the source
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why an accompanying increase in equilibrium price and a decrease in the equilibrium quantity of leather
4
Arwa
This Site Might Help You. RE: Assume the beef and leather are complements in production. Question continued....? Assume the beef and leather are complements in production. The price of beef increases because of an increase in beef exports, ceteris paribus. Which ONE of the following options is correct? 1. the demand curve for, and supply curve of, leather will shift. 2. The supply curve of leather...
For the best answers, search on this site https://shorturl.im/awexc Slap that meat on the grill. Wait a few, then flip. Same amount of time and its done. The wait time depends on the redness you want. Extra red is about 3 minutes on high heat. Of course extra red is simply the outside cooked but the center cold. It all depends on how red you want it.
Debra
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