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    Economics for Today Study Set 6
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    Exam 4: Markets in Action
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    Exhibit 4-3 Supply and Demand Curves
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Exhibit 4-3 Supply and Demand Curves

Question 114

Question 114

Multiple Choice

Exhibit 4-3 Supply and demand curves
Exhibit 4-3 Supply and demand curves   Beginning from an equilibrium at point E<sub>2</sub> in Exhibit 4-3, an increase in demand for good X, other things being equal, would move the equilibrium point to: A)  E<sub>1</sub>. B)  E<sub>2</sub>. C)  E<sub>3</sub>. D)  E<sub>4</sub>.
Beginning from an equilibrium at point E2 in Exhibit 4-3, an increase in demand for good X, other things being equal, would move the equilibrium point to:


A) E1.
B) E2.
C) E3.
D) E4.

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