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If the Supply of Bottled Water Decreases and at the Same

Question 100

Multiple Choice

If the supply of bottled water decreases and at the same time the demand for bottled water increases, the equilibrium price__________ and the equilibrium quantity__________ .


A) might rise, fall, or stay the same; increases
B) falls; increases
C) rises; might increase, decrease, or stay the same
D) might rise, fall, or stay the same; decreases

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