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If Supply Is Upward Sloping,an Increase in Demand,all Other Things

Question 30

Multiple Choice

If supply is upward sloping,an increase in demand,all other things unchanged,will result in a(n) _____ in equilibrium price and a(n) _____ in equilibrium quantity.


A) increase;increase
B) decrease;decrease
C) decrease;increase
D) increase;decrease

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