If corn is an input into chicken production, then how would a low price level for corn impact the chicken market?
a. The supply curve for chicken would shift, decreasing the price and increasing the quantity traded in the market.
b. The demand curve for chicken would shift, decreasing both the price and the quantity traded in the market.
c. The supply curve for chicken would shift, increasing the price and decreasing the quantity traded in the market.
d. The demand curve for chicken would shift, increasing bother the price and the quantity traded in the market.
Answer: A
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