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Courtney Riggs
on Nov 17, 2024

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An increase in the price of ink will shift the supply curve for pens to the left.

Supply Curve

A graphical representation of the quantity of goods that producers are willing to sell at different prices.

Ink

A pigment or dye-based fluid used for writing, printing, or drawing, comprised of various chemical compositions depending on its intended use.

Pens

Writing instruments used for applying ink to a surface, typically paper, for writing or drawing.

  • Comprehend the impact of input price changes on the supply curve.
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JW
Jamie WhiteNov 18, 2024
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