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  3. Study Set
    Managerial Economics Study Set 2
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    Exam 8: Understanding Markets and Industry Changes
  5. Question
    Based on the Answer Above,the Price for Bus Rides _____________
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Based on the Answer Above,the Price for Bus Rides _____________

Question 27

Question 27

Multiple Choice

Based on the answer above,the price for bus rides _____________ and the quantity demanded for rides ____________.


A) Decreases;decreases
B) Decreases;increases
C) Decreases;uncertain
D) Increases;uncertain

Correct Answer:

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