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Which of the Following Would Cause an Increase in the Equilibrium

Question 87

Multiple Choice

Which of the following would cause an increase in the equilibrium price and a decrease in the equilibrium quantity of watermelon?


A) a decrease in demand and an increase in supply
B) a decrease in supply
C) an increase in demand and an increase in supply greater than the increase in demand
D) an increase in demand and an increase in supply

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