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-Consider the Market Represented by Figure 3-9

Question 67

Multiple Choice

-Consider the market represented by Figure 3-9.If the price of the good is currently $50.00,the price will A) fall,causing the quantity demanded to fall B) fall,causing the quantity supplied to fall C) rise,causing the demand curve to shift to the right D) rise,causing the supply curve to shift to the left E) fall,causing the supply curve to shift to the right
-Consider the market represented by Figure 3-9.If the price of the good is currently $50.00,the price will


A) fall,causing the quantity demanded to fall
B) fall,causing the quantity supplied to fall
C) rise,causing the demand curve to shift to the right
D) rise,causing the supply curve to shift to the left
E) fall,causing the supply curve to shift to the right

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