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18iq 18iq
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A year ago
Given a positively sloped supply curve, when market demand increases,

▸ the new equilibrium will have a higher price and a smaller quantity.

▸ the new equilibrium will have the same price and larger quantity.

▸ the new equilibrium will have a lower price and a greater quantity.

▸ the new equilibrium will have a lower price and a smaller quantity.

▸ the new equilibrium will have a higher price and a larger quantity.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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manuella14manuella14
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A year ago
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18iq Author
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A year ago
Thanks
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Brilliant
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