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    Exam 4: The Market Forces of Supply and Demand
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    Suppose the Demand for Calendars Increases in November
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Suppose the Demand for Calendars Increases in November

Question 113

Question 113

True/False

Suppose the demand for calendars increases in November. At the same time, the price of the ink used in the production of calendars increases. In the market for calendars, if the size of the shift of the demand curve is larger than the size of the shift of the supply curve, then the equilibrium quantity rises.

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