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Laurent Laurent
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6 years ago
We observe a rise in the price of serivce A and a decrease in the quantity of serivce A bought and sold. Which is a likely explanation?
A) The law of supply is violated.
B) The demand for A decreased.
C) The demand for A increased.
D) The supply of A increased.
E) The supply of A decreased.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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Laurent Author
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#2
6 years ago
Thank you!
Thank you!!
Thank you!!!
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