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If the Price Per Bushel of Apples Increased from $7

Question 314

Multiple Choice

If the price per bushel of apples increased from $7.00 to $8.00 because of a poor harvest, the


A) demand for apples decreases.
B) quantity of apples demanded decreases.
C) quantity of apples supplied decreases.
D) Both answers A and B are correct.

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