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Select the phrase that correctly completes the following statement. "A decrease in the expected futu

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9 years ago

Select the phrase that correctly completes the following statement. "A decrease in the expected futu

Select the phrase that correctly completes the following statement. "A decrease in the expected future price caused an increase in the supply of smartphones. As a result
A) the price of smartphones decreased and the demand for smartphones increased.
B) the equilibrium quantity of smartphones decreased.
C) the price of smartphones decreased and the quantity demanded of smartphones increased.
D) the price of smartphones decreased. The lower price caused the supply of smartphones to decrease.

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Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Tidy Author

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9 years ago

Smart ... Thanks!

shimyshiguy

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Yesterday

I appreciate what you did here, answered it right Smiling Face with Open Mouth

alpheratz

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2 hours ago

Thanks

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