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Industry Analysts for the Pumpkin Spice Muffin Market Have Concluded

Question 33

Multiple Choice

Industry analysts for the pumpkin spice muffin market have concluded that the supply curve has recently shifted to the left. What might have caused this?


A) Producers of pumpkin spice muffins are expecting future muffin prices to fall.
B) The number of pumpkin spice muffin producers has increased.
C) The technology used in baking the muffins has improved.
D) The price of pumpkin spice flavoring has increased.

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