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12 votes
12 votes
The graph below shows how the price of wheat varies with the demand quantity.

Suppose that an increase in production costs decreases the supply of wheat, such that less wheat is supplied at each price level. The new equilibrium quantity (after the decrease in supply) is _____.

400
600

User Kayoko
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1 Answer

22 votes
22 votes

Answer:

400

Step-by-step explanation:

User Pdeschen
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