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    Exam 1: Exploring the World of Business and Economics
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    The Price of Computers Drops by 20
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The Price of Computers Drops by 20

Question 11

Question 11

Multiple Choice

The price of computers drops by 20%. What is the most likely impact on supply and demand?


A) demand down, supply down
B) demand up, supply up
C) demand down, supply up
D) demand up, supply down

Correct Answer:

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