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A Decrease in Price of a Certain Good Most Likely

Question 267

Multiple Choice

A decrease in price of a certain good most likely will lead to


A) an increase in quantity demanded and an increase in the demand for that good.
B) an increase in quantity demanded but no change in the demand for that good.
C) an increase in demand but no change in quantity demanded.
D) no change in demand and no change in quantity demanded.

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