Brings income and makes the economy better
<span>Which of the following is not a source of income? Your monthly student loan payment. Income is money that is received, normally on a regular basis, for work or from investments. The other options are all sources of income coming into your pocket whereas the student loan payment is money you are paying out. </span>
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The conclusion that can be drawn about the number of books supplied for $16 when an important production input of books increases is that the <u>quantity supplied</u><u> is reduced</u>.
<h3>How do production costs affect supply?</h3>
When production costs (input) increase, the quantity supplied at a given price decreases.
Conversely, a decrease in production costs increases the quantity supplied.
Thus, the conclusion that can be drawn about the number of books supplied for $16 when an important production input of books increases is that the <u>quantity supplied</u><u> is reduced</u>.
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