Which of the following will result in an increased price of milk?
A) A shift to the right of the supply curve for milk.
B) A shift to the right of the demand curve for milk.
C) An increase in the number of milk suppliers.
D) A decrease in the number of milk buyers.
Ans: D) A decrease in the number of milk buyers.
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A. Increase; increase B. Increase; decrease C. Decrease; increase D. Decrease; decrease
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