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If We Observe a Decrease in the Price of a Good

Question 193

Multiple Choice

If we observe a decrease in the price of a good and an increase in the amount of the good bought and sold, this could be explained by


A) an increase in the supply of the good.
B) an increase in the demand for the good.
C) a decrease in the demand for the good.
D) a decrease in the supply of the good.

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