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    Macroeconomics Study Set 27
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    Exam 3: Supply and Demand
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    When the Price of Armchairs Increases, The
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When the Price of Armchairs Increases, The

Question 228

Question 228

Multiple Choice

When the price of armchairs increases, the:


A) quantity supplied increases.
B) supply increases.
C) quantity supplied decreases.
D) supply decreases.

Correct Answer:

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