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    ECON Macro Principles
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    Exam 4: Demand, Supply, and Markets
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    In a Competitive Market What Happens to Price When There
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In a Competitive Market What Happens to Price When There

Question 143

Question 143

Multiple Choice

In a competitive market what happens to price when there is a decrease in the supply curve?  


A)  It increases. 
B)  It decreases. 
C)  It stays the same. 
D)  It may increase or decrease.

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