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Retnec Retnec
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6 years ago
If demand increases, and supply decreases
A) the equilibrium price will rise; the equilibrium quantity will remain constant.
B) the equilibrium price will fall; the equilibrium quantity will remain constant.
C) the equilibrium price will rise; the equilibrium quantity will be indeterminate.
D) the equilibrium quantity will rise; the equilibrium price will be indeterminate.
E) the equilibrium quantity will fall; the equilibrium price will be indeterminate.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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Retnec Author
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#2
6 years ago
Smiling Face with Halo Nice!!
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