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    Exam 4: Supply and Demand: an Initial Look
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    We Observed That the Price of a Good Rises and the Quantity
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We Observed That the Price of a Good Rises and the Quantity

Question 76

Question 76

Multiple Choice

We observed that the price of a good rises and the quantity purchased also rises.Everything else being equal, it is consistent that


A) the price of a substitute good fell.
B) the price of a complement rose.
C) income rose.
D) costs of inputs increased.

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