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    Microeconomics Study Set 49
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    Exam 1: Analyzing Economic Problems
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    Suppose That We Illustrate Demand and Supply with Quantity on the Horizontal
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Suppose That We Illustrate Demand and Supply with Quantity on the Horizontal

Question 67

Question 67

True/False

Suppose that we illustrate demand and supply with quantity on the horizontal axis and price on the vertical axis. Changes in exogenous variables are represented by shifts in the demand and/or supply curves.

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