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    An Increase in Price Is Likely to Affect Demand in What
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An Increase in Price Is Likely to Affect Demand in What

Question 71

Question 71

Multiple Choice

An increase in price is likely to affect demand in what way?


A) Demand will increase.
B) Demand will decrease.
C) Demand will not change.
D) This would only affect supply and not demand.

Correct Answer:

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