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Refer to the Information Provided in Figure 3

Question 232

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Refer to the information provided in Figure 3.17 below to answer the question(s) that follow. Refer to the information provided in Figure 3.17 below to answer the question(s)  that follow.   Figure 3.17 -Refer to Figure 3.17. In the Rollerblade market, which is not government controlled and is currently at a price of $1,140, you accurately predict that price will A)  increase, the quantity demanded will fall, and the quantity supplied will rise. B)  increase, the quantity demanded will rise, and the quantity supplied will fall. C)  decrease, the quantity demanded will fall, and the quantity supplied will fall. D)  decrease, the quantity demanded will rise, and the quantity supplied will fall. Figure 3.17
-Refer to Figure 3.17. In the Rollerblade market, which is not government controlled and is currently at a price of $1,140, you accurately predict that price will


A) increase, the quantity demanded will fall, and the quantity supplied will rise.
B) increase, the quantity demanded will rise, and the quantity supplied will fall.
C) decrease, the quantity demanded will fall, and the quantity supplied will fall.
D) decrease, the quantity demanded will rise, and the quantity supplied will fall.

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