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  3. Study Set
    Macroeconomics Principles Study Set 1
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    Exam 3: Supply and Demand
  5. Question
    If the Supply of a Good Increases While the Demand
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If the Supply of a Good Increases While the Demand

Question 3

Question 3

Multiple Choice

If the supply of a good increases while the demand for that good decreases, the equilibrium price will


A) increase.
B) decrease.
C) be indeterminate.
D) remain unchanged.

Correct Answer:

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