Question: Which of the following would definitely cause a decrease in the equilibrium price of cotton shirts? a. an increase in the price of wool shirts

Which of the following would definitely cause a decrease in the equilibrium price of cotton shirts?

a. an increase in the price of wool shirts and an increase in the price of raw cotton

b. an increase in the price of wool shirts and a decrease in the price of raw cotton

c. a decrease in the price of wool shirts and a decrease in the price of raw cotton

d. a decrease in the price of wool shirts and an increase in the price of raw cotton

why is the answer C?

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