Question: X C 8 4 Question 9 2 pts An increase in input prices will cause a shift outward in the supply curve. True O False

X C 8 4 Question 9 2 pts An increase in input prices will cause a shift outward in the supply curve. True O False Question 10 2 pts True O False Question 11 2 pts MPP is always increasing when we are experiencing increasing returns. True O False Question 12 2 pts A decrease in the banana supply curve will cause the quantity demanded of bananas to decrease. O True O False D Question 13 2 pts If the percentage change in price is less than the percentage change in quantity demanded, then the demand is elastic. O True O False Question 14

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