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    Economics for Today Study Set 6
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    Exam 3: Market Demand and Supply
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    The Price of a Good Will Rise When
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The Price of a Good Will Rise When

Question 105

Question 105

Multiple Choice

The price of a good will rise when:


A) there is a shortage of the good.
B) there is a surplus of the good.
C) demand for the good decreases.
D) the supply of the good increases.

Correct Answer:

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