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If Greg Uses a Special Glue to Make Model Planes

Question 36

Multiple Choice

If Greg uses a special glue to make model planes that he sells and the price of his model planes increases,then one would expect that the equilibrium price of the special glue would _______ and the equilibrium quantity would _________.


A) increase;decrease
B) decrease;increase
C) increase;increase
D) decrease;decrease
E) increase;indeterminant

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