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    Exam 3: Market Demand and Supply
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    Suppose All of the Major Computer Manufacturers Announced That Beginning
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Suppose All of the Major Computer Manufacturers Announced That Beginning

Question 60

Question 60

Multiple Choice

Suppose all of the major computer manufacturers announced that beginning next month there would be major price reductions on their computers. This would cause the current demand for computers to:


A) increase.
B) decrease.
C) remain unchanged.
D) increase and then decrease.

Correct Answer:

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