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Upper A decrease in the supply of chocolate chip cookies brings a​ _______ of chocolate chip cookies at the original​ price, and the price of a pack of chocolate chip cookies will​ _______.

1 Answer

5 votes

Answer:

increase

increase

Step-by-step explanation:

As a result of the decrease in the supply of chocolate chip cookies, there would be a leftward shift in the supply curve. this leads to an increase in price and a decrease in supply.

Price of the cookies would increase

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