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If We Observe an Increase in the Equilibrium Quantity of Good

Question 75

Multiple Choice

If we observe an increase in the equilibrium quantity of good A,we know that


A) either the demand for A has increased or the supply of A has decreased or both.
B) either the demand for A has increased or the supply of A has increased or both.
C) either the demand for A has decreased or the supply of A has increased or both.
D) either the demand for A has decreased or the supply of A has decreased or both.
E) the price of A has risen.

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