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Answer to Question #161632 in Microeconomics for louise

Question #161632

Espresso is an input for lattes. A decrease in the price of espresso will shift the supply curve for lattes to the right.


True or false


1
Expert's answer
2021-02-06T10:07:51-0500

True. The decrease in the price of espresso causes an increase in supply of lattes, therefore, the supply curve for lattes will shift to the right.


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