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The Market Price of Apples Is Currently Rising

Question 91

Multiple Choice

The market price of apples is currently rising.In a free-market economy,the most likely explanation of this price change is that:


A) there is a shortage in the market for apples.
B) the supply of money has decreased.
C) the equilibrium price is lower than the market price.
D) the government has decided to set a higher price so that the firms in the market make an adequate profit.

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