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  3. Study Set
    Principles of Microeconomics Study Set 8
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    Exam 4: Demand: the Benefit Side of the Market
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    -Refer to the Table Above
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-Refer to the Table Above

Question 73

Question 73

Multiple Choice

  -Refer to the table above.At a price of $7 per kilogram, A)  Mark exits the coffee market. B)  a shortage of coffee will develop. C)  Joe's share of market demand declines. D)  Bob enters the coffee market. E)  coffee is  too expensive.
-Refer to the table above.At a price of $7 per kilogram,


A) Mark exits the coffee market.
B) a shortage of coffee will develop.
C) Joe's share of market demand declines.
D) Bob enters the coffee market.
E) coffee is "too expensive."

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