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Question

Other things remaining the same, if government regulators outlaw the use of a technology that enables the good to

be produced at a significantly lower cost, the supply of a particular commodity _____; and if the price of a commodity that is a substitute in production increases, the supply of a particular commodity _____.



a. increases; increases

b. increases; decreases

c. decreases; increases

d. decreases; decreases

Top Answer

Decreases, Increases When govt ban uses of technology, it would increase cost of production will... View the full answer

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