If an industry has only one business firm selling in it,

the supply curve will be unusually steep.
the supply curve will be unusually flat.
the supply curve may have a negative slope.
there will be no supply curve.


Which of the following would move the supply curve for beer to the right?

Hot weather
A drop in the price of corn, an input for beer production
Lower prices for soft drinks
A reduction in the price of beer


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