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    Business
  3. Study Set
    Macroeconomics Principles Applications
  4. Exam
    Exam 4: Demand, Supply, and Market Equilibrium
  5. Question
    If the Number of Automobile Manufacturers Decreases
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If the Number of Automobile Manufacturers Decreases

Question 22

Question 22

Multiple Choice

If the number of automobile manufacturers decreases,


A) the demand for automobiles increases.
B) the demand for automobiles decreases.
C) the supply of automobiles increases.
D) the supply of automobiles decreases.

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