Suppose the incomes of buyers in a market for a particular inferior good decrease and there is also a reduction in input prices. A Equilibrium output would increase, but the impact on equilibrium price would be ambiguous. B. Equilibrium price would increase, but the impact on equilibrium output would be ambiguous. C. Equilibrium output would decrease, but the impact on equilibrium price would be ambiguous. D. Equilibrium output would decrease, and equilibrium price would decrease
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