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Tidy Tidy
wrote...
Posts: 4852
8 years ago
A decrease in the equilibrium quantity for a product will result
A) when the quantity demanded for the product exceeds the quantity supplied.
B) when there is a decrease in supply and a decrease in demand for the product.
C) when there is an increase in supply and a decrease in demand for the product.
D) when there is a decrease in demand and a decrease in the number of firms producing the product.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 1754 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Top Poster
Posts: 5500
8 years ago
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8 years ago
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