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Using the Supply-Demand Graph, What Happens as the Price of Goods

Question 12

Multiple Choice

Using the supply-demand graph, what happens as the price of goods or services increases?


A) The quantity of the goods or services decreases
B) The quantity of the goods or services increases
C) Demand increases and supply falls
D) Demand falls and supply increases
E) Market equilibrium is finally reached and the demand increases

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