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Which of the Following Statements Is True of the Relationship

Question 29

Multiple Choice

Which of the following statements is true of the relationship between a commodity's supply and demand?


A) If the supply of a commodity decreases,the price of the commodity decreases.
B) Strong demand of a commodity will lead to price drops.
C) Oversupply of a commodity will result in price drops.
D) If the demand for a commodity decreases,the price of the commodity increases.

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