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    Macroeconomics Study Set 40
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    Exam 3: Demand and Supply
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    When Demand Increases, the Equilibrium Price _ and the Equilibrium
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When Demand Increases, the Equilibrium Price _ and the Equilibrium

Question 383

Question 383

Multiple Choice

When demand increases, the equilibrium price _ and the equilibrium quantity _.


A) falls; decreases
B) falls; increases
C) rises; decreases
D) rises; increases

Correct Answer:

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