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  3. Study Set
    Macroeconomics Study Set 17
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    Exam 3: Where Prices Come From: The Interaction of Demand and Supply
  5. Question
    If,in Response to an Increase in the Price of Pineapples,the
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If,in Response to an Increase in the Price of Pineapples,the

Question 1

Question 1

Multiple Choice

If,in response to an increase in the price of pineapples,the quantity of pineapples demanded decreases,then economists would describe this as


A) an decrease in demand.
B) a decrease in quantity demanded.
C) a change in consumer income.
D) a decrease in consumers' taste for pineapples.

Correct Answer:

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