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Tidy Tidy
wrote...
Posts: 4852
8 years ago
An increase in the equilibrium price 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 an increase in demand for the product.
C) when there is a decrease in supply and a decrease in demand for the product.
D) when there is an increase in demand and an increase in the number of firms producing the product.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 181 times
1 Reply
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SydnieSydnie
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Posts: 3807
8 years ago
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