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Tidy Tidy
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Posts: 4852
9 years ago
Suppose consumer preference for beef starts to rise while the cost of raising beef continues to rise. In the market for beef, this would be represented by the equilibrium price ________ and the equilibrium quantity ________.
A) increasing; increasing or decreasing
B) decreasing; increasing or decreasing
C) increasing or decreasing; increasing
D) increasing or decreasing; decreasing
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 675 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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