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An Ambiguous Change in Price and a Decrease in Quantity

Question 229

Multiple Choice

An ambiguous change in price and a decrease in quantity are MOST likely caused by:


A) no shift in supply and a shift to the left in demand.
B) a shift to the left in supply and a shift to the left in demand.
C) a shift to the right in supply and a shift to the left in demand.
D) a shift to the left in supply and a shift to the right in demand.

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