Multiple Choice
If the market for jelly beans is in equilibrium and the demand for jelly beans increases:
A) the price of jelly beans will decrease and the quantity exchanged will increase.
B) the price of jelly beans will decrease and the quantity exchanged will decrease.
C) the price of jelly beans will increase and the quantity exchanged will increase.
D) the price of jelly beans will increase and the quantity exchanged will decrease.
Correct Answer:
Verified
Correct Answer:
Verified
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